Kovack Advisors Inc. Acquires 210 Shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

Kovack Advisors Inc. boosted its holdings in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 0.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,224 shares of the company’s stock after purchasing an additional 210 shares during the period. Kovack Advisors Inc. owned about 0.98% of AdvisorShares Focused Equity ETF worth $1,504,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CWS. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in AdvisorShares Focused Equity ETF during the third quarter worth $217,000. TrueWealth Advisors LLC lifted its stake in shares of AdvisorShares Focused Equity ETF by 11.5% in the 3rd quarter. TrueWealth Advisors LLC now owns 4,458 shares of the company’s stock valued at $306,000 after acquiring an additional 459 shares during the last quarter. MML Investors Services LLC bought a new position in shares of AdvisorShares Focused Equity ETF in the 3rd quarter valued at $311,000. Arete Wealth Advisors LLC lifted its stake in shares of AdvisorShares Focused Equity ETF by 63.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock valued at $384,000 after acquiring an additional 2,175 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new position in shares of AdvisorShares Focused Equity ETF in the 4th quarter valued at $524,000.

AdvisorShares Focused Equity ETF Stock Performance

Shares of CWS opened at $66.71 on Thursday. AdvisorShares Focused Equity ETF has a 52 week low of $59.61 and a 52 week high of $71.75. The stock has a market capitalization of $158.77 million, a price-to-earnings ratio of 25.88 and a beta of 0.85. The stock has a fifty day moving average of $66.51 and a 200-day moving average of $67.84.

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.