Patriot Financial Group Insurance Agency LLC Increases Stake in AdvisorShares Focused Equity ETF $CWS

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 100.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 23,986 shares of the company’s stock after purchasing an additional 11,993 shares during the period. Patriot Financial Group Insurance Agency LLC owned about 1.03% of AdvisorShares Focused Equity ETF worth $1,553,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in CWS. Cibc World Market Inc. boosted its position in AdvisorShares Focused Equity ETF by 1.9% during the fourth quarter. Cibc World Market Inc. now owns 127,503 shares of the company’s stock valued at $8,763,000 after buying an additional 2,320 shares during the period. Kestra Advisory Services LLC grew its stake in shares of AdvisorShares Focused Equity ETF by 4.7% during the fourth quarter. Kestra Advisory Services LLC now owns 96,464 shares of the company’s stock valued at $6,630,000 after buying an additional 4,365 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of AdvisorShares Focused Equity ETF by 4.3% in the fourth quarter. Stifel Financial Corp now owns 91,729 shares of the company’s stock worth $6,304,000 after buying an additional 3,793 shares during the period. Cetera Investment Advisers increased its holdings in shares of AdvisorShares Focused Equity ETF by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 66,128 shares of the company’s stock worth $4,545,000 after buying an additional 3,420 shares during the period. Finally, Stone Wealth Partners bought a new stake in shares of AdvisorShares Focused Equity ETF in the 4th quarter valued at about $2,329,000. Hedge funds and other institutional investors own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Trading Down 0.0%

NYSEARCA CWS opened at $68.06 on Tuesday. The firm has a market cap of $154.50 million, a PE ratio of 144.81 and a beta of 0.92. AdvisorShares Focused Equity ETF has a 1-year low of $63.09 and a 1-year high of $72.08. The stock has a 50-day moving average of $67.74 and a 200-day moving average of $68.08.

AdvisorShares Focused Equity ETF Company Profile

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. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.