AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Shares Sold by Cerity Partners LLC

Cerity Partners LLC cut its stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 5.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,407 shares of the company’s stock after selling 750 shares during the quarter. Cerity Partners LLC owned about 0.99% of AdvisorShares Focused Equity ETF worth $795,000 as of its most recent SEC filing.

Separately, AE Wealth Management LLC increased its holdings in shares of AdvisorShares Focused Equity ETF by 11.1% during the 3rd quarter. AE Wealth Management LLC now owns 6,487 shares of the company’s stock worth $338,000 after buying an additional 647 shares during the last quarter.

AdvisorShares Focused Equity ETF Stock Performance

Shares of AdvisorShares Focused Equity ETF stock opened at $60.50 on Tuesday. AdvisorShares Focused Equity ETF has a fifty-two week low of $48.50 and a fifty-two week high of $63.81. The firm has a market capitalization of $143.99 million, a price-to-earnings ratio of 25.17 and a beta of 0.93. The stock has a 50 day moving average of $61.84 and a 200 day moving average of $58.00.

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.