AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Get Free Report) fell 0.2% during trading on Wednesday . The stock traded as low as $12.29 and last traded at $12.29. 2,391 shares were traded during mid-day trading, a decline of 83% from the average session volume of 14,141 shares. The stock had previously closed at $12.32.
AdvisorShares Psychedelics ETF Price Performance
The company’s 50-day moving average price is $13.13 and its 200 day moving average price is $11.56.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AdvisorShares Psychedelics ETF stock. Spire Wealth Management acquired a new stake in shares of AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,484 shares of the company’s stock, valued at approximately $27,000.
AdvisorShares Psychedelics ETF Company Profile
The AdvisorShares Psychedelics ETF (PSIL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to the emerging global psychedelics industry. PSIL was launched on Sep 15, 2021 and is managed by AdvisorShares.
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