AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Stake Trimmed by Mason & Associates Inc

Mason & Associates Inc lessened its stake in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 11.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,732 shares of the company’s stock after selling 4,769 shares during the period. Mason & Associates Inc owned about 1.50% of AdvisorShares Focused Equity ETF worth $2,455,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CWS. NBC Securities Inc. acquired a new stake in shares of AdvisorShares Focused Equity ETF in the third quarter worth $47,000. Comerica Bank purchased a new stake in AdvisorShares Focused Equity ETF in the 1st quarter worth about $94,000. Compass Ion Advisors LLC acquired a new stake in AdvisorShares Focused Equity ETF during the 2nd quarter worth about $209,000. TrueWealth Advisors LLC grew its stake in AdvisorShares Focused Equity ETF by 10.3% during the 2nd quarter. TrueWealth Advisors LLC now owns 3,999 shares of the company’s stock valued at $249,000 after acquiring an additional 373 shares in the last quarter. Finally, Cetera Advisors LLC increased its holdings in shares of AdvisorShares Focused Equity ETF by 38.4% in the 1st quarter. Cetera Advisors LLC now owns 4,854 shares of the company’s stock valued at $309,000 after purchasing an additional 1,347 shares during the period.

AdvisorShares Focused Equity ETF Stock Performance

Shares of NYSEARCA CWS traded up $0.08 during mid-day trading on Thursday, reaching $68.89. The company had a trading volume of 2,175 shares, compared to its average volume of 14,153. The company has a market capitalization of $163.96 million, a price-to-earnings ratio of 25.88 and a beta of 0.85. The stock has a fifty day moving average of $67.88 and a two-hundred day moving average of $64.61. AdvisorShares Focused Equity ETF has a 12-month low of $48.50 and a 12-month high of $70.25.

AdvisorShares Focused Equity ETF 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.