Cambridge Investment Research Advisors Inc. Has $1.93 Million Stock Position in AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX)

Cambridge Investment Research Advisors Inc. grew its stake in shares of AdvisorShares Q Dynamic Growth ETF (NYSEARCA:QPX) by 0.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 56,840 shares of the company’s stock after buying an additional 367 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.08% of AdvisorShares Q Dynamic Growth ETF worth $1,926,000 as of its most recent SEC filing.

Separately, Cetera Investment Advisers raised its holdings in AdvisorShares Q Dynamic Growth ETF by 735.0% in the 1st quarter. Cetera Investment Advisers now owns 138,306 shares of the company’s stock valued at $4,530,000 after buying an additional 121,743 shares during the last quarter.

AdvisorShares Q Dynamic Growth ETF Price Performance

NYSEARCA:QPX opened at $34.33 on Tuesday. AdvisorShares Q Dynamic Growth ETF has a one year low of $26.75 and a one year high of $35.14. The company has a market cap of $25.75 million, a PE ratio of 33.65 and a beta of 1.06. The firm’s 50 day simple moving average is $33.81 and its 200 day simple moving average is $32.84.

AdvisorShares Q Dynamic Growth ETF Profile

The AdvisorShares Q Dynamic Growth ETF (QPX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to maximize long-term growth through equity exposure while tactically managing downside risk. QPX was launched on Dec 28, 2020 and is managed by AdvisorShares.