Intrepid Capital Management Inc. Decreases Stock Position in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Intrepid Capital Management Inc. cut its holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 79.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,750 shares of the company’s stock after selling 183,696 shares during the quarter. Intrepid Capital Management Inc.’s holdings in AdvisorShares Pure US Cannabis ETF were worth $186,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Truist Financial Corp lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 30.0% during the fourth quarter. Truist Financial Corp now owns 26,865 shares of the company’s stock valued at $102,000 after purchasing an additional 6,195 shares in the last quarter. Barclays PLC boosted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 69.9% during the 3rd quarter. Barclays PLC now owns 42,602 shares of the company’s stock valued at $306,000 after acquiring an additional 17,521 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter worth approximately $36,000. Perigon Wealth Management LLC purchased a new position in shares of AdvisorShares Pure US Cannabis ETF during the fourth quarter valued at approximately $66,000. Finally, Rovida Advisors Inc. lifted its position in AdvisorShares Pure US Cannabis ETF by 400.0% during the fourth quarter. Rovida Advisors Inc. now owns 1,000,000 shares of the company’s stock valued at $3,790,000 after purchasing an additional 800,000 shares during the period.

AdvisorShares Pure US Cannabis ETF Trading Down 0.8 %

NYSEARCA:MSOS opened at $2.59 on Wednesday. The company has a market cap of $349.21 million, a PE ratio of 12.20 and a beta of 1.33. The company has a 50 day simple moving average of $3.11 and a two-hundred day simple moving average of $4.52. AdvisorShares Pure US Cannabis ETF has a 12 month low of $2.40 and a 12 month high of $11.37.

AdvisorShares Pure US Cannabis ETF Company Profile

The AdvisorShares Pure US Cannabis ETF (MSOS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed narrow portfolio of US stocks or swap contracts related to the domestic cannabis and hemp industry. MSOS was launched on Sep 1, 2020 and is managed by AdvisorShares.