K.J. Harrison & Partners Inc raised its stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 60.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 238,937 shares of the company’s stock after buying an additional 90,000 shares during the quarter. K.J. Harrison & Partners Inc owned 0.21% of AdvisorShares Pure US Cannabis ETF worth $975,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in shares of AdvisorShares Pure US Cannabis ETF in the 4th quarter valued at $36,000. Edge Wealth Management LLC bought a new position in AdvisorShares Pure US Cannabis ETF during the fourth quarter worth about $42,000. One Plus One Wealth Management LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the fourth quarter valued at about $45,000. Perigon Wealth Management LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter worth about $66,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the fourth quarter worth about $77,000.
AdvisorShares Pure US Cannabis ETF Price Performance
NYSEARCA:MSOS opened at $3.19 on Thursday. The business’s 50-day simple moving average is $3.54 and its 200-day simple moving average is $5.22. AdvisorShares Pure US Cannabis ETF has a fifty-two week low of $3.11 and a fifty-two week high of $11.36. The stock has a market capitalization of $436.49 million, a PE ratio of 12.20 and a beta of 1.29.
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.
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