AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,275,850 shares of the company’s stock after acquiring an additional 45,795 shares during the period. Commonwealth Equity Services LLC owned about 94.83% of AdvisorShares Dorsey Wright FSM US Core ETF worth $83,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Snowden Capital Advisors LLC grew its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 6.0% during the first quarter. Snowden Capital Advisors LLC now owns 8,027 shares of the company’s stock valued at $269,000 after purchasing an additional 455 shares during the last quarter. UBS Group AG grew its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 255.1% during the 3rd quarter. UBS Group AG now owns 2,262 shares of the company’s stock worth $68,000 after buying an additional 1,625 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the 1st quarter worth $626,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.1 %

DWUS stock traded up $0.03 during mid-day trading on Friday, reaching $37.85. The company had a trading volume of 2,671 shares, compared to its average volume of 2,545. The stock has a market capitalization of $90.08 million, a P/E ratio of 18.86 and a beta of 0.96. The stock’s 50-day simple moving average is $36.15 and its two-hundred day simple moving average is $36.13. AdvisorShares Dorsey Wright FSM US Core ETF has a one year low of $31.73 and a one year high of $38.30.

About AdvisorShares Dorsey Wright FSM US Core ETF

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.