Ladenburg Thalmann Financial Services Inc. Purchases 8,894 Shares of AdvisorShares New Tech and Media ETF (FNG)

Ladenburg Thalmann Financial Services Inc. raised its position in AdvisorShares New Tech and Media ETF (NYSEARCA:FNG) by 65.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 22,444 shares of the company’s stock after purchasing an additional 8,894 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in AdvisorShares New Tech and Media ETF were worth $482,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new stake in shares of AdvisorShares New Tech and Media ETF in the 4th quarter valued at about $426,000. Ahrens Investment Partners LLC acquired a new stake in shares of AdvisorShares New Tech and Media ETF in the 4th quarter valued at about $259,000. Allegis Investment Advisors LLC acquired a new stake in shares of AdvisorShares New Tech and Media ETF in the 4th quarter valued at about $236,000. CIBC World Markets Inc. acquired a new stake in shares of AdvisorShares New Tech and Media ETF in the 4th quarter valued at about $1,092,000. Finally, Simplex Trading LLC raised its stake in shares of AdvisorShares New Tech and Media ETF by 1,707.8% in the 4th quarter. Simplex Trading LLC now owns 22,363 shares of the company’s stock valued at $480,000 after purchasing an additional 21,126 shares during the period.

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FNG opened at $20.04 on Friday. AdvisorShares New Tech and Media ETF has a 1 year low of $19.60 and a 1 year high of $24.13.

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Want to see what other hedge funds are holding FNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AdvisorShares New Tech and Media ETF (NYSEARCA:FNG).

Institutional Ownership by Quarter for AdvisorShares New Tech and Media ETF (NYSEARCA:FNG)

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