Baird Financial Group Inc. Invests $300,000 in AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

Baird Financial Group Inc. purchased a new position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWSGet Rating) during the second quarter, Holdings Channel reports. The institutional investor purchased 7,139 shares of the company’s stock, valued at approximately $300,000.

Separately, AE Wealth Management LLC grew its position in shares of AdvisorShares Focused Equity ETF by 9.0% during the 2nd quarter. AE Wealth Management LLC now owns 6,078 shares of the company’s stock worth $256,000 after buying an additional 500 shares in the last quarter.

AdvisorShares Focused Equity ETF Stock Up 1.1 %

Shares of CWS stock opened at $47.98 on Wednesday. AdvisorShares Focused Equity ETF has a 1-year low of $40.06 and a 1-year high of $53.68. The stock’s 50-day moving average is $43.77 and its 200 day moving average is $44.05.

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Institutional Ownership by Quarter for AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

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