MML Investors Services LLC Has $3.64 Million Stake in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS)

MML Investors Services LLC reduced its position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,206 shares of the company’s stock after selling 382 shares during the period. MML Investors Services LLC’s holdings in AdvisorShares Dorsey Wright FSM US Core ETF were worth $3,643,000 at the end of the most recent reporting period.

Separately, Private Advisory Group LLC bought a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the third quarter worth $225,000.

AdvisorShares Dorsey Wright FSM US Core ETF Stock Performance

NASDAQ DWUS opened at $49.64 on Friday. The firm’s fifty day moving average price is $48.56 and its two-hundred day moving average price is $46.90. The stock has a market cap of $120.13 million, a PE ratio of 24.31 and a beta of 0.96. AdvisorShares Dorsey Wright FSM US Core ETF has a fifty-two week low of $39.04 and a fifty-two week high of $50.25.

About AdvisorShares Dorsey Wright FSM US Core ETF

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.