Koshinski Asset Management Inc. Sells 595 Shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

Koshinski Asset Management Inc. trimmed its holdings in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,175 shares of the company’s stock after selling 595 shares during the period. Koshinski Asset Management Inc. owned about 0.26% of AdvisorShares Focused Equity ETF worth $400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. TrueWealth Advisors LLC boosted its holdings in shares of AdvisorShares Focused Equity ETF by 33.2% in the 4th quarter. TrueWealth Advisors LLC now owns 5,936 shares of the company’s stock valued at $384,000 after buying an additional 1,478 shares in the last quarter. Merit Financial Group LLC bought a new stake in shares of AdvisorShares Focused Equity ETF in the 4th quarter valued at about $1,037,000. Mason & Associates Inc boosted its holdings in shares of AdvisorShares Focused Equity ETF by 4.0% in the 4th quarter. Mason & Associates Inc now owns 37,145 shares of the company’s stock valued at $2,406,000 after buying an additional 1,413 shares in the last quarter. Arete Wealth Advisors LLC boosted its holdings in shares of AdvisorShares Focused Equity ETF by 63.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock valued at $384,000 after buying an additional 2,175 shares in the last quarter. Finally, MML Investors Services LLC bought a new stake in shares of AdvisorShares Focused Equity ETF in the 3rd quarter valued at about $311,000.

AdvisorShares Focused Equity ETF Stock Performance

NYSEARCA:CWS opened at $68.75 on Thursday. AdvisorShares Focused Equity ETF has a fifty-two week low of $59.10 and a fifty-two week high of $71.75. The stock has a market capitalization of $163.63 million, a P/E ratio of 25.88 and a beta of 0.85. The company’s 50-day simple moving average is $67.85 and its 200-day simple moving average is $67.37.

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.