1,605,012 Shares in AdvisorShares Dorsey Wright FSM US Core ETF $DWUS Purchased by GGM Financials LLC

GGM Financials LLC acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 1,605,012 shares of the company’s stock, valued at approximately $81,535,000. AdvisorShares Dorsey Wright FSM US Core ETF makes up about 16.1% of GGM Financials LLC’s holdings, making the stock its largest holding. GGM Financials LLC owned about 70.71% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

Separately, OLD Mission Capital LLC purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 1st quarter worth about $248,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 1.2%

AdvisorShares Dorsey Wright FSM US Core ETF stock opened at $55.58 on Tuesday. AdvisorShares Dorsey Wright FSM US Core ETF has a 52 week low of $41.36 and a 52 week high of $55.67. The firm’s 50-day simple moving average is $53.30 and its 200 day simple moving average is $50.73. The firm has a market capitalization of $126.16 million, a PE ratio of 27.28 and a beta of 0.96.

About AdvisorShares Dorsey Wright FSM US Core ETF

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.