Sender Co & Partners Inc. Trims Stock Holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Sender Co & Partners Inc. lowered its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 99.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,222 shares of the company’s stock after selling 3,046,900 shares during the period. Sender Co & Partners Inc.’s holdings in AdvisorShares Pure US Cannabis ETF were worth $156,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Eminence Capital LP raised its position in AdvisorShares Pure US Cannabis ETF by 8.2% during the fourth quarter. Eminence Capital LP now owns 6,496,078 shares of the company’s stock valued at $45,538,000 after purchasing an additional 493,042 shares in the last quarter. Jane Street Group LLC grew its position in AdvisorShares Pure US Cannabis ETF by 57.3% during the first quarter. Jane Street Group LLC now owns 6,059,388 shares of the company’s stock valued at $60,654,000 after acquiring an additional 2,206,686 shares during the last quarter. Murchinson Ltd. bought a new position in AdvisorShares Pure US Cannabis ETF during the second quarter valued at approximately $11,721,000. JW Asset Management LLC raised its stake in shares of AdvisorShares Pure US Cannabis ETF by 24.4% during the first quarter. JW Asset Management LLC now owns 872,283 shares of the company’s stock worth $8,732,000 after acquiring an additional 171,281 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 5.2% in the 2nd quarter. Millennium Management LLC now owns 694,881 shares of the company’s stock worth $5,093,000 after acquiring an additional 34,147 shares during the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Up 1.9 %

Shares of MSOS opened at $7.13 on Friday. The stock has a market capitalization of $826.37 million, a P/E ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a twelve month low of $4.92 and a twelve month high of $11.36. The firm has a fifty day simple moving average of $7.02 and a two-hundred day simple moving average of $8.02.

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.