Shay Capital LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 312,000 shares of the company’s stock, valued at approximately $1,189,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MSOS. Sanctuary Advisors LLC purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter worth $36,000. Cerity Partners LLC bought a new position in AdvisorShares Pure US Cannabis ETF in the 4th quarter worth about $40,000. Edge Wealth Management LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at about $42,000. One Plus One Wealth Management LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at about $45,000. Finally, IHT Wealth Management LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at about $52,000.
AdvisorShares Pure US Cannabis ETF Stock Performance
Shares of NYSEARCA MSOS opened at $2.80 on Friday. The firm’s 50 day moving average price is $2.57 and its 200-day moving average price is $3.50. The company has a market cap of $369.96 million, a PE ratio of 12.20 and a beta of 1.29. AdvisorShares Pure US Cannabis ETF has a 52-week low of $2.02 and a 52-week high of $10.50.
About AdvisorShares Pure US Cannabis ETF
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.
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