AdvisorShares Focused Equity ETF (NYSEARCA:CWS – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 673 shares, a growth of 1,246.0% from the September 15th total of 50 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,926 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of AdvisorShares Focused Equity ETF
A number of large investors have recently modified their holdings of CWS. Stone Wealth Partners acquired a new stake in shares of AdvisorShares Focused Equity ETF in the 4th quarter valued at $2,329,000. Patriot Financial Group Insurance Agency LLC grew its stake in shares of AdvisorShares Focused Equity ETF by 100.0% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 23,986 shares of the company’s stock worth $1,553,000 after purchasing an additional 11,993 shares in the last quarter. Sigma Planning Corp grew its stake in shares of AdvisorShares Focused Equity ETF by 55.2% during the first quarter. Sigma Planning Corp now owns 29,460 shares of the company’s stock worth $1,908,000 after purchasing an additional 10,484 shares in the last quarter. Mason & Associates Inc grew its stake in shares of AdvisorShares Focused Equity ETF by 6.6% during the first quarter. Mason & Associates Inc now owns 48,375 shares of the company’s stock worth $3,066,000 after purchasing an additional 2,999 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in AdvisorShares Focused Equity ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 68,388 shares of the company’s stock valued at $4,429,000 after buying an additional 2,260 shares during the last quarter. Hedge funds and other institutional investors own 7.19% of the company’s stock.
AdvisorShares Focused Equity ETF Stock Up 0.5%
AdvisorShares Focused Equity ETF stock traded up $0.36 during mid-day trading on Friday, reaching $67.78. 3,638 shares of the company’s stock were exchanged, compared to its average volume of 9,535. The company has a market cap of $119.97 million, a P/E ratio of 144.21 and a beta of 0.92. AdvisorShares Focused Equity ETF has a twelve month low of $63.09 and a twelve month high of $74.05. The company has a fifty day moving average of $70.32 and a 200-day moving average of $68.57.
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. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.
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