Proficio Capital Partners LLC Acquires New Stake in AdvisorShares Dorsey Wright FSM US Core ETF $DWUS

Proficio Capital Partners LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 70,633 shares of the company’s stock, valued at approximately $4,499,000. Proficio Capital Partners LLC owned about 3.45% of AdvisorShares Dorsey Wright FSM US Core ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DWUS. Raymond James Financial Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter worth $141,000. Logan Capital Management Inc. purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 4th quarter worth about $434,000. Commonwealth Equity Services LLC raised its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after purchasing an additional 375 shares during the last quarter. MML Investors Services LLC boosted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after purchasing an additional 5,767 shares in the last quarter. Finally, A. D. Beadell Investment Counsel Inc. bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter worth about $5,249,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

Shares of DWUS stock opened at $59.57 on Tuesday. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $49.38 and a one year high of $63.93. The company’s 50-day moving average is $59.96 and its 200 day moving average is $57.49. The company has a market capitalization of $122.12 million, a price-to-earnings ratio of 27.28 and a beta of 1.01.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.