Osaic Holdings Inc. Has $2.73 Million Stock Position in AdvisorShares Q Dynamic Growth ETF $QPX

Osaic Holdings Inc. boosted its position in AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 19.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,474 shares of the company’s stock after buying an additional 11,435 shares during the quarter. Osaic Holdings Inc. owned approximately 11.01% of AdvisorShares Q Dynamic Growth ETF worth $2,729,000 at the end of the most recent reporting period.

Separately, Legacy Wealth Managment LLC ID boosted its holdings in AdvisorShares Q Dynamic Growth ETF by 45.8% during the second quarter. Legacy Wealth Managment LLC ID now owns 19,157 shares of the company’s stock valued at $742,000 after acquiring an additional 6,022 shares during the period.

AdvisorShares Q Dynamic Growth ETF Stock Performance

Shares of NYSEARCA:QPX opened at $45.47 on Friday. The stock’s 50-day moving average is $44.00 and its 200-day moving average is $41.62. The company has a market cap of $33.19 million, a P/E ratio of 26.24 and a beta of 1.07. AdvisorShares Q Dynamic Growth ETF has a 52-week low of $30.65 and a 52-week high of $45.47.

AdvisorShares Q Dynamic Growth ETF Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.