Barclays PLC Has $306,000 Stock Position in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Barclays PLC increased its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 69.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MSOS. Sanctuary Advisors LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the second quarter worth about $79,000. Pallas Capital Advisors LLC acquired a new stake in AdvisorShares Pure US Cannabis ETF during the 3rd quarter worth approximately $83,000. Mesirow Financial Investment Management Inc. bought a new position in AdvisorShares Pure US Cannabis ETF in the third quarter valued at approximately $163,000. Horrell Capital Management Inc. boosted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 29.2% in the third quarter. Horrell Capital Management Inc. now owns 27,269 shares of the company’s stock valued at $196,000 after buying an additional 6,162 shares during the period. Finally, Clear Harbor Asset Management LLC increased its position in shares of AdvisorShares Pure US Cannabis ETF by 26.7% during the third quarter. Clear Harbor Asset Management LLC now owns 28,500 shares of the company’s stock worth $204,000 after acquiring an additional 6,000 shares in the last quarter.

AdvisorShares Pure US Cannabis ETF Trading Up 4.7 %

Shares of MSOS opened at $3.59 on Monday. The stock has a market capitalization of $416.08 million, a price-to-earnings ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a 12 month low of $3.39 and a 12 month high of $11.36. The firm has a fifty day simple moving average of $4.06 and a 200 day simple moving average of $5.98.

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.