AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) Shares Sold by Virtus Wealth Solutions LLC

Virtus Wealth Solutions LLC lessened its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) by 0.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,569,500 shares of the company’s stock after selling 6,447 shares during the period. AdvisorShares Dorsey Wright FSM All Cap World ETF makes up 17.6% of Virtus Wealth Solutions LLC’s portfolio, making the stock its 2nd largest position. Virtus Wealth Solutions LLC owned 0.77% of AdvisorShares Dorsey Wright FSM All Cap World ETF worth $58,071,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth about $29,000. LPL Financial LLC lifted its holdings in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% in the 4th quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock valued at $341,000 after buying an additional 1,458 shares during the period. Harvest Investment Services LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF in the fourth quarter valued at approximately $380,000. Finally, Raymond James Financial Inc. acquired a new position in AdvisorShares Dorsey Wright FSM All Cap World ETF during the fourth quarter worth $711,000.

AdvisorShares Dorsey Wright FSM All Cap World ETF Stock Performance

NASDAQ:DWAW opened at $40.77 on Thursday. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1 year low of $32.66 and a 1 year high of $42.54. The stock has a fifty day moving average price of $39.25 and a two-hundred day moving average price of $39.47. The stock has a market capitalization of $82.75 million, a price-to-earnings ratio of 24.84 and a beta of 0.91.

AdvisorShares Dorsey Wright FSM All Cap World ETF Profile

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.