AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Trading 0% Higher – What’s Next?

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) traded up 0% during trading on Thursday . The company traded as high as $59.93 and last traded at $60.12. 55 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 1,625 shares. The stock had previously closed at $60.09.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.0%

The firm has a market capitalization of $123.25 million, a PE ratio of 27.28 and a beta of 1.01. The business’s fifty day moving average price is $60.51 and its 200 day moving average price is $56.88.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after buying an additional 375 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth about $141,000. MML Investors Services LLC raised its holdings in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% during the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after purchasing an additional 5,767 shares in the last quarter. Osaic Holdings Inc. raised its holdings in AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% during the fourth quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after purchasing an additional 6,421 shares in the last quarter. Finally, Logan Capital Management Inc. acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the fourth quarter valued at about $434,000.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.