AdvisorShares Focused Equity ETF $CWS Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lessened its holdings in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 16.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,180 shares of the company’s stock after selling 1,450 shares during the period. Koshinski Asset Management Inc.’s holdings in AdvisorShares Focused Equity ETF were worth $503,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CWS. Trademark Financial Management LLC raised its position in shares of AdvisorShares Focused Equity ETF by 146.3% during the 1st quarter. Trademark Financial Management LLC now owns 22,741 shares of the company’s stock worth $1,489,000 after acquiring an additional 13,509 shares in the last quarter. Kingsman Wealth Management Inc. purchased a new position in AdvisorShares Focused Equity ETF during the 1st quarter worth approximately $867,000. Kestra Advisory Services LLC grew its stake in AdvisorShares Focused Equity ETF by 17.4% during the 1st quarter. Kestra Advisory Services LLC now owns 56,276 shares of the company’s stock worth $3,684,000 after buying an additional 8,353 shares during the last quarter. HighTower Advisors LLC purchased a new position in AdvisorShares Focused Equity ETF during the 1st quarter worth approximately $300,000. Finally, TrueWealth Advisors LLC grew its stake in AdvisorShares Focused Equity ETF by 38.4% during the 2nd quarter. TrueWealth Advisors LLC now owns 12,431 shares of the company’s stock worth $870,000 after buying an additional 3,446 shares during the last quarter. Institutional investors and hedge funds own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Stock Up 1.2%

NYSEARCA:CWS opened at $68.65 on Tuesday. The stock’s 50 day moving average price is $68.64 and its 200 day moving average price is $67.78. The company has a market capitalization of $186.04 million, a PE ratio of 146.06 and a beta of 0.93. AdvisorShares Focused Equity ETF has a 52-week low of $58.36 and a 52-week high of $71.75.

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.