AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) Stock Price Up 0.9%

AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX)’s stock price traded up 0.9% during trading on Monday . The company traded as high as $32.04 and last traded at $32.04. 1,184 shares changed hands during trading, a decline of 66% from the average session volume of 3,434 shares. The stock had previously closed at $31.77.

AdvisorShares Q Dynamic Growth ETF Stock Up 0.9 %

The stock has a market cap of $24.51 million, a PE ratio of 32.30 and a beta of 1.05. The stock’s fifty day moving average price is $31.97 and its 200 day moving average price is $30.58.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AdvisorShares Q Dynamic Growth ETF stock. Cambridge Investment Research Advisors Inc. raised its stake in shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,055 shares of the company’s stock after buying an additional 1,239 shares during the period. Cambridge Investment Research Advisors Inc. owned about 4.41% of AdvisorShares Q Dynamic Growth ETF worth $1,206,000 as of its most recent SEC filing.

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.