Janney Montgomery Scott LLC Grows Stock Holdings in AdvisorShares Dorsey Wright ADR ETF (NYSEARCA:AADR)

Janney Montgomery Scott LLC raised its position in shares of AdvisorShares Dorsey Wright ADR ETF (NYSEARCA:AADR) by 8.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,104 shares of the company’s stock after purchasing an additional 3,159 shares during the period. Janney Montgomery Scott LLC owned approximately 2.81% of AdvisorShares Dorsey Wright ADR ETF worth $2,125,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Claro Advisors LLC raised its position in AdvisorShares Dorsey Wright ADR ETF by 9.8% during the first quarter. Claro Advisors LLC now owns 17,099 shares of the company’s stock valued at $690,000 after purchasing an additional 1,525 shares in the last quarter. Raymond James & Associates grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 3.7% during the fourth quarter. Raymond James & Associates now owns 13,555 shares of the company’s stock valued at $730,000 after buying an additional 487 shares during the last quarter. Personal CFO Solutions LLC grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 422.6% during the first quarter. Personal CFO Solutions LLC now owns 20,711 shares of the company’s stock valued at $835,000 after buying an additional 16,748 shares during the last quarter. Advisor Group Holdings Inc. bought a new position in shares of AdvisorShares Dorsey Wright ADR ETF during the first quarter valued at about $1,214,000. Finally, QP Wealth Management LLC grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 81.5% during the first quarter. QP Wealth Management LLC now owns 32,382 shares of the company’s stock valued at $1,452,000 after buying an additional 14,543 shares during the last quarter.

Shares of NYSEARCA:AADR opened at $56.78 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 12-month low of $33.75 and a 12-month high of $58.53. The stock’s 50-day moving average price is $54.12 and its 200-day moving average price is $49.74.

AdvisorShares Dorsey Wright ADR ETF Profile

WCM/BNY Mellon Focused Growth ADR ETF (the Fund) is an exchange-traded fund. The Fund’s investment objective is long-term capital appreciation above international benchmarks, such as the MSCI EAFE Index and the BNY Mellon Classic ADR Index. The Fund provides large-capital growth portfolio for the non-United States universe.

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Institutional Ownership by Quarter for AdvisorShares Dorsey Wright ADR ETF (NYSEARCA:AADR)

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