Proficio Capital Partners LLC Buys Shares of 70,633 AdvisorShares Dorsey Wright FSM US Core ETF $DWUS

Proficio Capital Partners LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 2nd quarter, Holdings Channel reports. The firm purchased 70,633 shares of the company’s stock, valued at approximately $4,499,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at $141,000. Logan Capital Management Inc. bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the 4th quarter worth about $434,000. Commonwealth Equity Services LLC raised its position in AdvisorShares Dorsey Wright FSM US Core ETF by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 9,471 shares of the company’s stock worth $513,000 after buying an additional 375 shares during the last quarter. MML Investors Services LLC raised its position in AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after buying an additional 5,767 shares during the last quarter. Finally, A. D. Beadell Investment Counsel Inc. bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter valued at about $5,249,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

DWUS opened at $59.57 on Tuesday. The company’s 50-day simple moving average is $59.96 and its two-hundred day simple moving average is $57.49. The stock has a market capitalization of $122.12 million, a P/E ratio of 27.28 and a beta of 1.01. AdvisorShares Dorsey Wright FSM US Core ETF has a 52-week low of $49.38 and a 52-week high of $63.93.

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.