Geneos Wealth Management Inc. Has $198,000 Holdings in AdvisorShares Focused Equity ETF $CWS

Geneos Wealth Management Inc. raised its holdings in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 202.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,025 shares of the company’s stock after purchasing an additional 2,025 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.11% of AdvisorShares Focused Equity ETF worth $198,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CWS. Golden State Wealth Management LLC bought a new position in AdvisorShares Focused Equity ETF in the 1st quarter valued at $36,000. NBC Securities Inc. bought a new stake in shares of AdvisorShares Focused Equity ETF during the first quarter worth $59,000. Cornerstone Wealth Management LLC bought a new stake in shares of AdvisorShares Focused Equity ETF during the first quarter worth $237,000. Citadel Advisors LLC bought a new stake in shares of AdvisorShares Focused Equity ETF during the fourth quarter worth $297,000. Finally, HighTower Advisors LLC bought a new stake in shares of AdvisorShares Focused Equity ETF during the first quarter worth $300,000. Institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Stock Down 0.3%

CWS stock opened at $68.45 on Wednesday. AdvisorShares Focused Equity ETF has a twelve month low of $58.36 and a twelve month high of $71.75. The business has a fifty day moving average of $69.08 and a 200-day moving average of $67.23. The company has a market cap of $188.24 million, a P/E ratio of 145.64 and a beta of 0.93.

AdvisorShares Focused Equity ETF 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.