AdvisorShares Focused Equity ETF $CWS Shares Acquired by Trademark Financial Management LLC

Trademark Financial Management LLC lifted its position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 184.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,687 shares of the company’s stock after buying an additional 41,946 shares during the period. AdvisorShares Focused Equity ETF makes up about 2.8% of Trademark Financial Management LLC’s holdings, making the stock its 10th biggest holding. Trademark Financial Management LLC’s holdings in AdvisorShares Focused Equity ETF were worth $4,528,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its holdings in AdvisorShares Focused Equity ETF by 3.8% in the 2nd quarter. D.A. Davidson & CO. now owns 8,525 shares of the company’s stock valued at $597,000 after purchasing an additional 311 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in AdvisorShares Focused Equity ETF in the 1st quarter valued at $36,000. Cetera Investment Advisers increased its holdings in AdvisorShares Focused Equity ETF by 2.5% in the 1st quarter. Cetera Investment Advisers now owns 32,546 shares of the company’s stock valued at $2,131,000 after purchasing an additional 795 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in AdvisorShares Focused Equity ETF by 18.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 10,677 shares of the company’s stock valued at $699,000 after purchasing an additional 1,657 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in AdvisorShares Focused Equity ETF by 202.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,025 shares of the company’s stock valued at $198,000 after purchasing an additional 2,025 shares in the last quarter. 7.19% of the stock is currently owned by institutional investors and hedge funds.

AdvisorShares Focused Equity ETF Trading Up 1.0%

Shares of NYSEARCA CWS opened at $69.38 on Friday. AdvisorShares Focused Equity ETF has a 12-month low of $58.36 and a 12-month high of $71.75. The company has a market cap of $188.02 million, a P/E ratio of 147.62 and a beta of 0.93. The stock has a fifty day moving average price of $68.64 and a 200 day moving average price of $67.86.

AdvisorShares Focused Equity ETF Company 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.