OLD Mission Capital LLC Decreases Stock Position in AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO)

OLD Mission Capital LLC lessened its position in shares of AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) by 63.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,446 shares of the company’s stock after selling 187,627 shares during the period. OLD Mission Capital LLC owned 0.84% of AdvisorShares Pure Cannabis ETF worth $260,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in YOLO. Heritage Oak Wealth Advisors LLC bought a new stake in AdvisorShares Pure Cannabis ETF in the 4th quarter valued at about $1,469,000. Jane Street Group LLC boosted its position in AdvisorShares Pure Cannabis ETF by 134.8% during the third quarter. Jane Street Group LLC now owns 214,930 shares of the company’s stock worth $701,000 after purchasing an additional 123,386 shares during the period. Finally, A. D. Beadell Investment Counsel Inc. purchased a new position in shares of AdvisorShares Pure Cannabis ETF in the fourth quarter worth about $103,000.

AdvisorShares Pure Cannabis ETF Trading Down 2.1 %

Shares of YOLO stock opened at $1.54 on Tuesday. The firm’s 50 day moving average is $2.04 and its 200 day moving average is $2.52. The stock has a market capitalization of $19.85 million, a P/E ratio of 21.88 and a beta of 1.46. AdvisorShares Pure Cannabis ETF has a 12 month low of $1.45 and a 12 month high of $4.76.

AdvisorShares Pure Cannabis ETF Company Profile

The AdvisorShares Pure Cannabis ETF (YOLO) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund is an actively-managed ETF that seeks long-term capital appreciation by investing in both domestic and foreign cannabis equities, as well as total return swaps of similar securities.