MML Investors Services LLC Sells 382 Shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS)

MML Investors Services LLC decreased its stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,206 shares of the company’s stock after selling 382 shares during the period. MML Investors Services LLC owned 3.19% of AdvisorShares Dorsey Wright FSM US Core ETF worth $3,643,000 at the end of the most recent quarter.

Separately, Private Advisory Group LLC bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the third quarter worth about $225,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

AdvisorShares Dorsey Wright FSM US Core ETF stock opened at $49.64 on Friday. AdvisorShares Dorsey Wright FSM US Core ETF has a 52 week low of $39.04 and a 52 week high of $50.25. The stock has a market capitalization of $120.13 million, a P/E ratio of 24.31 and a beta of 0.96. The stock has a 50-day simple moving average of $48.56 and a 200 day simple moving average of $46.90.

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.