DWMC - AdvisorShares Dorsey Wright Micro-Cap ETF
|Ex-Dividend Date||Dec 27, 2019|
|Trading Day||July 23|
|Day's Range||35.93 - 36.18|
|52-Week Range||20.73 - 41.61|
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 |
|Inception Date |
Jul 10, 2018
|Ticker Symbol |
|Index Tracked |
Russell 3000 Index
Top 10 Holdings13.56% of assets
|Invesco Govt Agency Instl 1901||n/a||1.55%|
|Steel Partners Holdings||SPLP||1.10%|
|Dec 27, 2019||$0.01775||Dec 31, 2019|
Micro cap stocks are the epitome of a high risk/high reward asset class. Their returns are amplified relative to traditional small cap strategies, but the risks are high due to a lack of information on ...
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.