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The AdvisorShares Focused Equity ETF (NYSE Arca: CWS) seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes. The Advisor may use a variety of methods for security selection and will seek to focus on firms that are fundamentally sound and have shown consistency in their financial results and high earnings quality. The Advisor may look for stocks with a strong history of sales and earnings growth, or companies that have steadily increased their earnings and dividends for several years. In addition, the Advisor may invest the Fund s assets in lesser-known companies that the Advisor believes have a unique opportunity for growth. At times, the Advisor may buy certain out-of-favor stocks believed to be priced below their intrinsic value, as measured by the Advisor. Additionally, the Advisor aims to keep the portfolio turnover low.
Advisorshares Focused Equity ETF trades on the ARCA stock market under the symbol CWS.
As of April 17, 2024, CWS stock price declined to $59.90 with 8,927 million shares trading.
CWS has a market cap of $142.56 million. This is considered a Micro Cap stock.
In the last 3 years, CWS stock traded as high as $63.81 and as low as $40.06.
CWS has underperformed the market in the last year with a price return of +18.1% while the SPY ETF gained +23.0%. CWS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.5% and -4.2%, respectively, while the SPY returned +5.7% and -3.5%, respectively.
CWS support price is $59.50 and resistance is $60.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CWS stock will trade within this expected range on the day.