AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Shares Up 0% – Here’s Why

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUSGet Free Report) shares were up 0% during trading on Thursday . The stock traded as high as $59.93 and last traded at $60.12. 55 shares traded hands during trading, a decline of 97% from the average daily volume of 1,625 shares. The stock had previously closed at $60.09.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Up 0.7%

The stock has a market cap of $123.68 million, a P/E ratio of 27.28 and a beta of 1.01. The business has a 50-day simple moving average of $60.49 and a 200 day simple moving average of $56.90.

Institutional Trading of AdvisorShares Dorsey Wright FSM US Core ETF

Several institutional investors and hedge funds have recently made changes to their positions in DWUS. Osaic Holdings Inc. grew its position in AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% in the fourth quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after acquiring an additional 6,421 shares in the last quarter. MML Investors Services LLC raised its position in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% during the fourth quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock valued at $1,750,000 after purchasing an additional 5,767 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after purchasing an additional 375 shares during the last quarter. Logan Capital Management Inc. bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the fourth quarter worth about $434,000. Finally, Raymond James Financial Inc. bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth about $141,000.

About AdvisorShares Dorsey Wright FSM US Core ETF

(Get Free Report)

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.

Further Reading

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