Mesirow Financial Investment Management Inc. Takes $163,000 Position in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Mesirow Financial Investment Management Inc. purchased a new position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOSFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 22,700 shares of the company’s stock, valued at approximately $163,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MSOS. Flagship Private Wealth LLC bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the second quarter worth $76,000. Sanctuary Advisors LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the 2nd quarter worth approximately $79,000. Pallas Capital Advisors LLC bought a new position in AdvisorShares Pure US Cannabis ETF in the third quarter valued at approximately $83,000. Canton Hathaway LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the second quarter valued at approximately $154,000. Finally, Clear Harbor Asset Management LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the second quarter worth $165,000.

AdvisorShares Pure US Cannabis ETF Stock Performance

AdvisorShares Pure US Cannabis ETF stock opened at $5.22 on Thursday. AdvisorShares Pure US Cannabis ETF has a 52 week low of $4.00 and a 52 week high of $11.36. The stock has a market capitalization of $605.00 million, a P/E ratio of 12.20 and a beta of 0.77. The stock has a fifty day moving average of $6.75 and a 200-day moving average of $7.40.

About AdvisorShares Pure US Cannabis ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Receive News & Ratings for AdvisorShares Pure US Cannabis ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvisorShares Pure US Cannabis ETF and related companies with MarketBeat.com's FREE daily email newsletter.