DWEQ
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Advisorshares Dorsey Wright Alpha Equal Weight Etf
17.385
0.000 (0.00%)
Last Update: 12 Apr 2023 16:30:00
Yesterday: 17.385
Day's Range: 17.385 - 17.385
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When Written:
17.3664
The AdvisorShares Dorsey Wright Alpha Equal Weight ETF (ticker symbol: DWAW) is an exchange-traded fund that seeks to provide long-term capital appreciation by investing in a diversified portfolio of U.S. large-cap stocks. The fund uses a quantitative investment strategy developed by Dorsey Wright & Associates, a leading provider of technical analysis research and investment solutions.
The DWAW ETF employs an equal-weighted approach, which means that each stock in the portfolio is given an equal weighting, rather than being weighted by market capitalization. This approach is designed to provide more balanced exposure to the underlying stocks and reduce concentration risk.
The fund's investment strategy is based on a proprietary model that uses technical analysis to identify stocks with strong relative strength characteristics. The model analyzes price trends, momentum, and other market factors to select stocks that are expected to outperform the broader market over time.
The DWAW ETF has an expense ratio of 0.99% and is managed by AdvisorShares, a leading provider of actively managed ETFs. The fund was launched in October 2017 and has total net assets of approximately $54 million as of March 2021.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The DWAW ETF employs an equal-weighted approach, which means that each stock in the portfolio is given an equal weighting, rather than being weighted by market capitalization. This approach is designed to provide more balanced exposure to the underlying stocks and reduce concentration risk.
The fund's investment strategy is based on a proprietary model that uses technical analysis to identify stocks with strong relative strength characteristics. The model analyzes price trends, momentum, and other market factors to select stocks that are expected to outperform the broader market over time.
The DWAW ETF has an expense ratio of 0.99% and is managed by AdvisorShares, a leading provider of actively managed ETFs. The fund was launched in October 2017 and has total net assets of approximately $54 million as of March 2021.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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