Raymond James Financial Inc. Invests $711,000 in AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW)

Raymond James Financial Inc. acquired a new stake in shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (NASDAQ:DWAW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,712 shares of the company’s stock, valued at approximately $711,000. Raymond James Financial Inc. owned 0.86% of AdvisorShares Dorsey Wright FSM All Cap World ETF as of its most recent SEC filing.

Separately, LPL Financial LLC raised its stake in AdvisorShares Dorsey Wright FSM All Cap World ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 8,505 shares of the company’s stock valued at $341,000 after buying an additional 1,458 shares during the last quarter.

AdvisorShares Dorsey Wright FSM All Cap World ETF Price Performance

DWAW stock opened at $38.55 on Wednesday. The company has a market cap of $78.25 million, a P/E ratio of 23.54 and a beta of 0.91. AdvisorShares Dorsey Wright FSM All Cap World ETF has a 1 year low of $32.66 and a 1 year high of $42.54. The stock’s fifty day moving average price is $36.87 and its 200-day moving average price is $39.63.

About AdvisorShares Dorsey Wright FSM All Cap World ETF

The AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWAW was launched on Dec 26, 2019 and is managed by AdvisorShares.