AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,751 shares of the company’s stock after purchasing an additional 1,497 shares during the period. Cetera Investment Advisers owned about 1.33% of AdvisorShares Focused Equity ETF worth $2,056,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new stake in AdvisorShares Focused Equity ETF in the fourth quarter valued at about $297,000. Stifel Financial Corp lifted its position in shares of AdvisorShares Focused Equity ETF by 6.2% during the 4th quarter. Stifel Financial Corp now owns 70,709 shares of the company’s stock valued at $4,580,000 after acquiring an additional 4,127 shares during the period. NewEdge Advisors LLC lifted its position in shares of AdvisorShares Focused Equity ETF by 100.0% during the 4th quarter. NewEdge Advisors LLC now owns 400 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of AdvisorShares Focused Equity ETF by 90.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 9,020 shares of the company’s stock valued at $584,000 after acquiring an additional 4,292 shares during the period. Finally, OLD Mission Capital LLC lifted its position in shares of AdvisorShares Focused Equity ETF by 19.2% during the 4th quarter. OLD Mission Capital LLC now owns 6,342 shares of the company’s stock valued at $411,000 after acquiring an additional 1,022 shares during the period.

AdvisorShares Focused Equity ETF Trading Down 0.2%

CWS stock opened at $68.92 on Tuesday. The firm has a 50 day moving average of $64.71 and a 200-day moving average of $66.62. AdvisorShares Focused Equity ETF has a 12-month low of $58.36 and a 12-month high of $71.75. The company has a market cap of $183.33 million, a price-to-earnings ratio of 24.88 and a beta of 0.99.

About AdvisorShares Focused Equity ETF

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.