DWMC - AdvisorShares Dorsey Wright Micro-Cap ETF
| Assets | $8.36M |
| NAV | $35.56 |
| Expense Ratio | 1.32% |
| PE Ratio | 21.94 |
| Beta (5Y) | 1.35 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Dec 27, 2019 |
| 1-Year Return | - |
| Trading Day | April 13 |
| Last Price | $35.37 |
| Previous Close | $35.46 |
| Change ($) | -0.09 |
| Change (%) | -0.25% |
| Day's Open | 35.71 |
| Day's Range | 35.00 - 35.45 |
| Day's Volume | 4,669 |
| 52-Week Range | 16.86 - 41.61 |
Fund Description
The investment seeks long term capital appreciation. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing primarily in U.S.-traded equity securities consisting of common and preferred stock and American Depositary Receipts (ADRs). ADRs are securities traded on a local exchange stock exchange that represent interests in securities issued by a foreign publicly listed company. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in micro-cap securities.
| Asset Class Equity | Inception Date Jul 10, 2018 |
| Exchange NASDAQ | Ticker Symbol DWMC |
| Index Tracked Russell 3000 Index | |
Top 10 Holdings
15.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Digital Turbine | APPS | 2.13% |
| Invesco Govt Agency Instl 1901 | n/a | 2.03% |
| Aclaris Therapeutics | ACRS | 2.00% |
| Silvergate Capital | SI | 1.80% |
| Cambium Networks | CMBM | 1.57% |
| Kirkland's | KIRK | 1.49% |
| Calix, Inc. | CALX | 1.35% |
| XPEL, Inc. | XPEL | 1.23% |
| Aviat Networks | AVNW | 1.19% |
| Kornit Digital | KRNT | 1.10% |
While small cap stocks get plenty of attention, micro caps often go overlooked. Still, the asset class offers significant potential for risk-tolerant investors.
The Russell 2000 Index is up 5.9%, outperforming the gains of 4.8% for the S&P 400 Mid Cap Index and 1.8% for the S&P 500 Index.