Encompass More Asset Management Buys 10,733 Shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX)

Encompass More Asset Management grew its position in shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 162,685 shares of the company’s stock after acquiring an additional 10,733 shares during the quarter. AdvisorShares Q Dynamic Growth ETF comprises about 1.9% of Encompass More Asset Management’s investment portfolio, making the stock its 8th largest holding. Encompass More Asset Management owned about 0.22% of AdvisorShares Q Dynamic Growth ETF worth $5,835,000 at the end of the most recent reporting period.

Separately, Legacy Investment Solutions LLC bought a new position in shares of AdvisorShares Q Dynamic Growth ETF during the 3rd quarter valued at about $1,188,000.

AdvisorShares Q Dynamic Growth ETF Stock Performance

Shares of NYSEARCA:QPX opened at $37.11 on Friday. The company has a market capitalization of $27.83 million, a PE ratio of 33.65 and a beta of 1.06. The stock has a fifty day moving average of $36.39 and a 200-day moving average of $35.17. AdvisorShares Q Dynamic Growth ETF has a one year low of $30.53 and a one year high of $37.43.

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.