Virtus Wealth Solutions LLC Reduces Stake in AdvisorShares Dorsey Wright FSM US Core ETF $DWUS

Virtus Wealth Solutions LLC reduced its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,579,331 shares of the company’s stock after selling 10,195 shares during the quarter. AdvisorShares Dorsey Wright FSM US Core ETF accounts for 16.3% of Virtus Wealth Solutions LLC’s portfolio, making the stock its biggest holding. Virtus Wealth Solutions LLC owned about 0.74% of AdvisorShares Dorsey Wright FSM US Core ETF worth $85,610,000 as of its most recent SEC filing.

Separately, Raymond James Financial Inc. purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter valued at $141,000.

AdvisorShares Dorsey Wright FSM US Core ETF Price Performance

Shares of NASDAQ:DWUS opened at $56.76 on Friday. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $46.10 and a 1-year high of $56.76. The firm’s 50 day simple moving average is $53.23 and its two-hundred day simple moving average is $54.02. The company has a market capitalization of $120.90 million, a P/E ratio of 27.28 and a beta of 0.99.

AdvisorShares Dorsey Wright FSM US Core ETF Company Profile

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.