Arete Wealth Advisors LLC Sells 1,255 Shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

Arete Wealth Advisors LLC trimmed its position in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 22.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,359 shares of the company’s stock after selling 1,255 shares during the period. Arete Wealth Advisors LLC owned about 0.18% of AdvisorShares Focused Equity ETF worth $282,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OLD Mission Capital LLC boosted its stake in shares of AdvisorShares Focused Equity ETF by 19.2% in the 4th quarter. OLD Mission Capital LLC now owns 6,342 shares of the company’s stock worth $411,000 after buying an additional 1,022 shares during the last quarter. Millstone Evans Group LLC purchased a new position in AdvisorShares Focused Equity ETF in the fourth quarter worth $506,000. Compass Ion Advisors LLC grew its stake in AdvisorShares Focused Equity ETF by 52.0% in the 4th quarter. Compass Ion Advisors LLC now owns 4,708 shares of the company’s stock valued at $305,000 after purchasing an additional 1,611 shares during the period. Commonwealth Equity Services LLC increased its position in shares of AdvisorShares Focused Equity ETF by 14.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,757 shares of the company’s stock valued at $243,000 after purchasing an additional 463 shares during the last quarter. Finally, GC Wealth Management RIA LLC raised its stake in shares of AdvisorShares Focused Equity ETF by 31.5% during the 4th quarter. GC Wealth Management RIA LLC now owns 18,699 shares of the company’s stock worth $1,211,000 after purchasing an additional 4,476 shares during the period.

AdvisorShares Focused Equity ETF Stock Performance

Shares of NYSEARCA:CWS opened at $61.02 on Monday. The company has a market capitalization of $164.14 million, a P/E ratio of 24.38 and a beta of 0.97. The company’s 50-day moving average is $66.13 and its 200 day moving average is $67.56. AdvisorShares Focused Equity ETF has a fifty-two week low of $59.61 and a fifty-two week high of $71.75.

About AdvisorShares Focused Equity ETF

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.