Lighthouse Investment Partners LLC grew its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 10.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 587,067 shares of the company’s stock after buying an additional 55,000 shares during the period. Lighthouse Investment Partners LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $4,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of MSOS. Tsfg LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF during the first quarter valued at approximately $31,000. Powell Investment Advisors LLC purchased a new position in shares of AdvisorShares Pure US Cannabis ETF in the first quarter valued at $58,000. Flagship Private Wealth LLC purchased a new position in shares of AdvisorShares Pure US Cannabis ETF in the second quarter valued at $76,000. Vermillion & White Wealth Management Group LLC purchased a new position in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter valued at $112,000. Finally, Thompson Davis & CO. Inc. purchased a new position in shares of AdvisorShares Pure US Cannabis ETF in the first quarter valued at $129,000.
AdvisorShares Pure US Cannabis ETF Stock Performance
MSOS stock opened at $7.07 on Friday. The firm has a fifty day moving average price of $7.01 and a 200 day moving average price of $8.01. AdvisorShares Pure US Cannabis ETF has a fifty-two week low of $4.92 and a fifty-two week high of $11.36. The firm has a market cap of $819.41 million, a PE ratio of 12.20 and a beta of 0.77.
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.
Featured Stories
- Five stocks we like better than AdvisorShares Pure US Cannabis ETF
- How to Read Stock Charts for Beginners
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- What is the Nikkei 225 index?
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- How to Use the MarketBeat Stock Screener
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
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.
