AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) Stock Holdings Increased by Barclays PLC

Barclays PLC grew its holdings in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 69.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,602 shares of the company’s stock after purchasing an additional 17,521 shares during the period. Barclays PLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Murchinson Ltd. bought a new position in AdvisorShares Pure US Cannabis ETF during the 2nd quarter valued at $11,721,000. Millennium Management LLC boosted its stake in AdvisorShares Pure US Cannabis ETF by 5.2% during the second quarter. Millennium Management LLC now owns 694,881 shares of the company’s stock valued at $5,093,000 after buying an additional 34,147 shares in the last quarter. Heritage Oak Wealth Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the second quarter worth about $1,937,000. Commonwealth Equity Services LLC raised its position in AdvisorShares Pure US Cannabis ETF by 3.2% in the second quarter. Commonwealth Equity Services LLC now owns 218,084 shares of the company’s stock worth $1,599,000 after acquiring an additional 6,758 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in AdvisorShares Pure US Cannabis ETF in the 2nd quarter valued at about $79,000.

AdvisorShares Pure US Cannabis ETF Stock Down 1.7 %

MSOS opened at $4.01 on Friday. The business has a fifty day simple moving average of $4.60 and a 200-day simple moving average of $6.26. The firm has a market cap of $464.76 million, a PE ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a fifty-two week low of $3.42 and a fifty-two week high of $11.36.

About AdvisorShares Pure US Cannabis ETF

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.