AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) Stock Price Down 1.3%

AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK)’s share price traded down 1.3% during trading on Friday . The company traded as low as $17.14 and last traded at $17.14. 3,711 shares traded hands during trading, a decline of 40% from the average session volume of 6,214 shares. The stock had previously closed at $17.36.

AdvisorShares Gerber Kawasaki ETF Stock Down 1.3 %

The company’s 50-day moving average is $17.77 and its 200-day moving average is $17.13. The stock has a market capitalization of $16.79 million, a price-to-earnings ratio of 23.39 and a beta of 1.31.

Hedge Funds Weigh In On AdvisorShares Gerber Kawasaki ETF

An institutional investor recently bought a new position in AdvisorShares Gerber Kawasaki ETF stock. Susquehanna International Group LLP bought a new stake in AdvisorShares Gerber Kawasaki ETF (NYSEARCA:GK) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 13,893 shares of the company’s stock, valued at approximately $236,000. Susquehanna International Group LLP owned approximately 1.45% of AdvisorShares Gerber Kawasaki ETF at the end of the most recent reporting period.

AdvisorShares Gerber Kawasaki ETF Company Profile

The AdvisorShares Gerber Kawasaki ETF (GK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers exposure to a portfolio of US growth stocks across multiple investment themes believed to represent top thematic macro opportunities.