AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Shares Up 0.9% – Here’s What Happened

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) shares shot up 0.9% on Thursday . The stock traded as high as $60.11 and last traded at $60.11. 4,720 shares were traded during trading, an increase of 194% from the average session volume of 1,606 shares. The stock had previously closed at $59.59.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.9%

The business has a 50-day moving average price of $60.12 and a 200-day moving average price of $57.42. The company has a market capitalization of $123.23 million, a price-to-earnings ratio of 27.28 and a beta of 1.01.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

Large investors have recently made changes to their positions in the company. Corient Private Wealth LP purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at approximately $17,916,000. Ameritas Advisory Services LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth approximately $911,000. Angeles Wealth Management LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth approximately $76,000. Compass Financial Management LLC acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter valued at $41,029,000. Finally, Strive Financial Group LLC acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter valued at $32,000.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

(Get Free Report)

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.

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