Barclays PLC increased its stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 69.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,602 shares of the company’s stock after acquiring an additional 17,521 shares during the quarter. Barclays PLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $306,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in MSOS. Murchinson Ltd. acquired a new position in shares of AdvisorShares Pure US Cannabis ETF in the 2nd quarter valued at about $11,721,000. 272 Capital LP acquired a new position in AdvisorShares Pure US Cannabis ETF in the second quarter valued at approximately $277,000. Raffles Associates LP bought a new position in shares of AdvisorShares Pure US Cannabis ETF during the 2nd quarter worth approximately $623,000. Millennium Management LLC grew its position in shares of AdvisorShares Pure US Cannabis ETF by 5.2% during the 2nd quarter. Millennium Management LLC now owns 694,881 shares of the company’s stock worth $5,093,000 after buying an additional 34,147 shares during the period. Finally, Lighthouse Investment Partners LLC increased its stake in shares of AdvisorShares Pure US Cannabis ETF by 10.3% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 587,067 shares of the company’s stock valued at $4,303,000 after acquiring an additional 55,000 shares in the last quarter.
AdvisorShares Pure US Cannabis ETF Stock Up 4.7 %
AdvisorShares Pure US Cannabis ETF stock opened at $3.59 on Monday. The company has a market capitalization of $416.08 million, a PE ratio of 12.20 and a beta of 0.77. The firm’s fifty day moving average is $4.06 and its 200 day moving average is $5.98. AdvisorShares Pure US Cannabis ETF has a 12-month low of $3.39 and a 12-month high of $11.36.
AdvisorShares Pure US Cannabis ETF 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.
See Also
- Five stocks we like better than AdvisorShares Pure US Cannabis ETF
- Stock Average Calculator
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- CD Calculator: Certificate of Deposit Calculator
- Oilfield Leader SLB: An AI Name You Need to Know
- What is a Death Cross in Stocks?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
Want to see what other hedge funds are holding MSOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report).
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.