Farther Finance Advisors LLC Buys New Position in AdvisorShares Insiders Advantage ETF (NYSEARCA:SURE)

Farther Finance Advisors LLC purchased a new position in shares of AdvisorShares Insiders Advantage ETF (NYSEARCA:SURE) in the 3rd quarter, HoldingsChannel reports. The firm purchased 265 shares of the company’s stock, valued at approximately $32,000.

Separately, Silverlake Wealth Management LLC lifted its stake in shares of AdvisorShares Insiders Advantage ETF by 3.3% in the 3rd quarter. Silverlake Wealth Management LLC now owns 4,085 shares of the company’s stock valued at $486,000 after purchasing an additional 131 shares during the period.

AdvisorShares Insiders Advantage ETF Price Performance

Shares of AdvisorShares Insiders Advantage ETF stock opened at $122.79 on Friday. The firm has a market cap of $52.18 million, a price-to-earnings ratio of 8.82 and a beta of 0.91. The stock’s 50-day moving average is $118.82 and its 200 day moving average is $115.14. AdvisorShares Insiders Advantage ETF has a one year low of $97.09 and a one year high of $124.52.

About AdvisorShares Insiders Advantage ETF

The AdvisorShares Insider Advantage ETF (SURE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US stocks selected using a proprietary model that follows insider buying and stock buyback strategies. SURE was launched on Sep 1, 2022 and is managed by AdvisorShares.