AdvisorShares Focused Equity ETF $CWS Stock Position Lifted by Sigma Planning Corp

Sigma Planning Corp increased its stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 442.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,976 shares of the company’s stock after purchasing an additional 15,481 shares during the period. Sigma Planning Corp’s holdings in AdvisorShares Focused Equity ETF were worth $1,313,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Cibc World Market Inc. lifted its holdings in shares of AdvisorShares Focused Equity ETF by 2.5% in the 3rd quarter. Cibc World Market Inc. now owns 125,183 shares of the company’s stock worth $8,591,000 after purchasing an additional 3,068 shares during the last quarter. Mason & Associates Inc lifted its holdings in shares of AdvisorShares Focused Equity ETF by 7.3% in the 3rd quarter. Mason & Associates Inc now owns 44,457 shares of the company’s stock worth $3,051,000 after purchasing an additional 3,023 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of AdvisorShares Focused Equity ETF by 2,262.3% in the 3rd quarter. Raymond James Financial Inc. now owns 29,080 shares of the company’s stock worth $1,996,000 after purchasing an additional 27,849 shares during the last quarter. United Advisor Group LLC bought a new stake in shares of AdvisorShares Focused Equity ETF in the 4th quarter worth approximately $1,374,000. Finally, Merit Financial Group LLC lifted its holdings in shares of AdvisorShares Focused Equity ETF by 15.6% in the 3rd quarter. Merit Financial Group LLC now owns 16,716 shares of the company’s stock worth $1,147,000 after purchasing an additional 2,257 shares during the last quarter. Institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Stock Performance

Shares of NYSEARCA CWS opened at $68.14 on Monday. The company has a market cap of $154.68 million, a price-to-earnings ratio of 144.98 and a beta of 0.95. AdvisorShares Focused Equity ETF has a 12-month low of $63.09 and a 12-month high of $72.08. The stock’s 50 day simple moving average is $66.99 and its 200 day simple moving average is $68.22.

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. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.