AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $57.63 and traded as high as $57.74. AdvisorShares Dorsey Wright FSM US Core ETF shares last traded at $57.78, with a volume of 1,241 shares.
AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance
The stock has a market capitalization of $116.72 million, a price-to-earnings ratio of 24.27 and a beta of 1.02. The business has a 50-day moving average of $58.68 and a 200-day moving average of $57.63.
Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF
Institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $1,185,000. Concorde Asset Management LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at $1,220,000. Integrated Wealth Concepts LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth about $369,000. NewEdge Advisors LLC purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $51,000. Finally, Corient Private Wealth LP purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at $17,916,000.
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.
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