AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. trimmed its position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 7.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,223 shares of the company’s stock after selling 335 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in AdvisorShares Focused Equity ETF were worth $273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CWS. MML Investors Services LLC acquired a new position in shares of AdvisorShares Focused Equity ETF during the third quarter valued at $311,000. D.A. Davidson & CO. bought a new position in AdvisorShares Focused Equity ETF in the 4th quarter valued at about $524,000. Trademark Financial Management LLC acquired a new position in AdvisorShares Focused Equity ETF during the 4th quarter valued at about $598,000. Stifel Financial Corp raised its position in shares of AdvisorShares Focused Equity ETF by 5.0% during the 3rd quarter. Stifel Financial Corp now owns 66,582 shares of the company’s stock worth $4,575,000 after buying an additional 3,141 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of AdvisorShares Focused Equity ETF in the 4th quarter worth approximately $1,037,000.

AdvisorShares Focused Equity ETF Price Performance

AdvisorShares Focused Equity ETF stock opened at $65.94 on Friday. AdvisorShares Focused Equity ETF has a 12-month low of $59.61 and a 12-month high of $71.75. The stock has a market capitalization of $177.38 million, a PE ratio of 24.20 and a beta of 0.97. The firm has a 50 day simple moving average of $66.51 and a 200-day simple moving average of $67.67.

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.