AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Shares Down 0.3%

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) traded down 0.3% during trading on Friday . The stock traded as low as $33.88 and last traded at $33.88. 3,332 shares traded hands during trading, an increase of 16% from the average session volume of 2,862 shares. The stock had previously closed at $33.98.

AdvisorShares Q Dynamic Growth ETF Stock Down 0.3 %

The stock has a market cap of $25.41 million, a price-to-earnings ratio of 33.65 and a beta of 1.06. The company has a 50 day simple moving average of $32.64 and a 200 day simple moving average of $31.82.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 735.0% during the first quarter. Cetera Investment Advisers now owns 138,306 shares of the company’s stock worth $4,530,000 after purchasing an additional 121,743 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of AdvisorShares Q Dynamic Growth ETF by 22.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,473 shares of the company’s stock worth $1,850,000 after purchasing an additional 10,541 shares during the last quarter. Finally, Focus Financial Network Inc. ADV bought a new stake in shares of AdvisorShares Q Dynamic Growth ETF during the fourth quarter worth about $214,000.

AdvisorShares Q Dynamic Growth ETF Company Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.