CWS was created on 2016-09-20 by AdvisorShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 134.9m in AUM and 26 holdings. CWS is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models.