GC Wealth Management RIA LLC Buys 4,476 Shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

GC Wealth Management RIA LLC boosted its position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 31.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,699 shares of the company’s stock after buying an additional 4,476 shares during the quarter. GC Wealth Management RIA LLC owned approximately 0.79% of AdvisorShares Focused Equity ETF worth $1,211,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. MML Investors Services LLC purchased a new position in AdvisorShares Focused Equity ETF during the 3rd quarter valued at $311,000. Arete Wealth Advisors LLC boosted its position in AdvisorShares Focused Equity ETF by 63.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock worth $384,000 after purchasing an additional 2,175 shares in the last quarter. TrueWealth Advisors LLC grew its position in shares of AdvisorShares Focused Equity ETF by 33.2% in the fourth quarter. TrueWealth Advisors LLC now owns 5,936 shares of the company’s stock valued at $384,000 after purchasing an additional 1,478 shares during the period. D.A. Davidson & CO. acquired a new position in shares of AdvisorShares Focused Equity ETF during the 4th quarter valued at about $524,000. Finally, Trademark Financial Management LLC acquired a new position in AdvisorShares Focused Equity ETF during the fourth quarter worth $598,000.

AdvisorShares Focused Equity ETF Price Performance

NYSEARCA CWS opened at $65.20 on Tuesday. The company has a market capitalization of $178.00 million, a price-to-earnings ratio of 25.87 and a beta of 0.97. AdvisorShares Focused Equity ETF has a 12 month low of $59.61 and a 12 month high of $71.75. The firm’s fifty day moving average price is $66.52 and its 200 day moving average price is $67.87.

AdvisorShares Focused Equity ETF Profile

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models.