AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Stock Price Up 0.9% – Should You Buy?

Shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS – Get Free Report) were up 0.9% on Thursday . The company traded as high as $60.11 and last traded at $60.11. Approximately 4,720 shares changed hands during trading, an increase of 194% from the average daily volume of 1,606 shares. The stock had previously closed at $59.59.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Up 0.9%

The firm has a 50-day moving average of $60.12 and a two-hundred day moving average of $57.42. The stock has a market capitalization of $123.23 million, a price-to-earnings ratio of 27.28 and a beta of 1.01.

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Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Triumph Capital Management purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter worth approximately $29,000. Strive Financial Group LLC purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at approximately $32,000. Angeles Wealth Management LLC acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at approximately $76,000. Raymond James Financial Inc. acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter valued at approximately $141,000. Finally, Tsfg LLC purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter worth approximately $192,000.

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.

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