Ancora Advisors LLC reduced its stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 52.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,000 shares of the company’s stock after selling 15,286 shares during the quarter. Ancora Advisors LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $53,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter worth $36,000. Cerity Partners LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter worth about $40,000. Edge Wealth Management LLC acquired a new position in shares of AdvisorShares Pure US Cannabis ETF during the 4th quarter worth about $42,000. One Plus One Wealth Management LLC acquired a new position in shares of AdvisorShares Pure US Cannabis ETF during the 4th quarter worth about $45,000. Finally, IHT Wealth Management LLC bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the 4th quarter valued at about $52,000.
AdvisorShares Pure US Cannabis ETF Stock Performance
MSOS opened at $2.78 on Thursday. The business’s 50-day simple moving average is $2.60 and its 200 day simple moving average is $3.70. AdvisorShares Pure US Cannabis ETF has a 52-week low of $2.02 and a 52-week high of $10.50. The firm has a market capitalization of $367.32 million, a PE ratio of 12.20 and a beta of 1.33.
AdvisorShares Pure US Cannabis ETF Company 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.
Recommended Stories
- Five stocks we like better than AdvisorShares Pure US Cannabis ETF
- With Risk Tolerance, One Size Does Not Fit All
- Survey: America’s Most Inspirational Women Business Leaders [2025]
- When to Sell a Stock for Profit or Loss
- Disney Stock Jumps on Earnings—Is the Magic Sustainable?
- Consumer Discretionary Stocks Explained
- What Oil, Value, and Growth Correlations Say About the Market
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.
