HighTower Advisors LLC Takes Position in AdvisorShares Focused Equity ETF $CWS

HighTower Advisors LLC purchased a new stake in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,579 shares of the company’s stock, valued at approximately $300,000. HighTower Advisors LLC owned about 0.17% of AdvisorShares Focused Equity ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CWS. Golden State Wealth Management LLC purchased a new stake in shares of AdvisorShares Focused Equity ETF during the 1st quarter valued at about $36,000. NBC Securities Inc. purchased a new stake in shares of AdvisorShares Focused Equity ETF during the 1st quarter valued at about $59,000. Cornerstone Wealth Management LLC purchased a new stake in shares of AdvisorShares Focused Equity ETF during the 1st quarter valued at about $237,000. Citadel Advisors LLC purchased a new stake in shares of AdvisorShares Focused Equity ETF during the 4th quarter valued at about $297,000. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of AdvisorShares Focused Equity ETF by 39.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 8,630 shares of the company’s stock valued at $565,000 after acquiring an additional 2,455 shares during the last quarter. Hedge funds and other institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Stock Down 0.7%

Shares of NYSEARCA CWS opened at $68.54 on Wednesday. The firm’s 50-day moving average price is $69.32 and its 200-day moving average price is $67.08. The company has a market cap of $188.49 million, a PE ratio of 145.83 and a beta of 0.93. AdvisorShares Focused Equity ETF has a 52-week low of $58.36 and a 52-week high of $71.75.

AdvisorShares Focused Equity ETF Company Profile

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.