AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Shares Down 3.8% – Should You Sell?

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) shares fell 3.8% during mid-day trading on Tuesday . The stock traded as low as $61.19 and last traded at $61.52. Approximately 2,166 shares were traded during mid-day trading, an increase of 14% from the average session volume of 1,902 shares. The stock had previously closed at $63.93.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 3.8%

The stock has a market capitalization of $130.42 million, a PE ratio of 27.28 and a beta of 1.01. The firm’s 50-day simple moving average is $59.16 and its two-hundred day simple moving average is $55.71.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter worth $141,000. Private Advisory Group LLC bought a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the third quarter valued at approximately $224,000. Logan Capital Management Inc. acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the 4th quarter worth $434,000. Commonwealth Equity Services LLC raised its holdings in 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 valued at $513,000 after acquiring an additional 375 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the fourth 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 during the period.

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.