Heritage Oak Wealth Advisors LLC Purchases Shares of 43,910 AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Heritage Oak Wealth Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 43,910 shares of the company’s stock, valued at approximately $167,000.

Several other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC lifted its position in AdvisorShares Pure US Cannabis ETF by 102.4% in the fourth quarter. Proficio Capital Partners LLC now owns 606,549 shares of the company’s stock worth $2,311,000 after purchasing an additional 306,808 shares during the period. K.J. Harrison & Partners Inc raised its stake in shares of AdvisorShares Pure US Cannabis ETF by 60.4% in the 4th quarter. K.J. Harrison & Partners Inc now owns 238,937 shares of the company’s stock valued at $975,000 after buying an additional 90,000 shares in the last quarter. NewEdge Wealth LLC lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 2,277.9% during the 4th quarter. NewEdge Wealth LLC now owns 853,858 shares of the company’s stock worth $3,253,000 after acquiring an additional 817,950 shares during the period. Truist Financial Corp lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 30.0% during the 4th quarter. Truist Financial Corp now owns 26,865 shares of the company’s stock worth $102,000 after acquiring an additional 6,195 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at about $36,000.

AdvisorShares Pure US Cannabis ETF Stock Up 1.6 %

NYSEARCA MSOS opened at $3.19 on Thursday. AdvisorShares Pure US Cannabis ETF has a twelve month low of $3.11 and a twelve month high of $11.36. The stock has a market cap of $436.49 million, a P/E ratio of 12.20 and a beta of 1.29. The company’s 50-day simple moving average is $3.54 and its 200 day simple moving average is $5.22.

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.