Sanctuary Advisors LLC Buys Shares of 10,250 AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Sanctuary Advisors LLC bought a new stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,250 shares of the company’s stock, valued at approximately $36,000.

Other hedge funds have also recently made changes to their positions in the company. Barclays PLC boosted its stake in shares of AdvisorShares Pure US Cannabis ETF by 69.9% during the third quarter. Barclays PLC now owns 42,602 shares of the company’s stock valued at $306,000 after purchasing an additional 17,521 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the fourth quarter valued at about $66,000. Wedmont Private Capital boosted its stake in shares of AdvisorShares Pure US Cannabis ETF by 165.1% during the fourth quarter. Wedmont Private Capital now owns 57,049 shares of the company’s stock valued at $201,000 after purchasing an additional 35,529 shares in the last quarter. One Plus One Wealth Management LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF during the fourth quarter valued at about $45,000. Finally, Murchinson Ltd. lifted its stake in shares of AdvisorShares Pure US Cannabis ETF by 18.8% in the third quarter. Murchinson Ltd. now owns 1,899,800 shares of the company’s stock worth $13,619,000 after acquiring an additional 300,800 shares during the period.

AdvisorShares Pure US Cannabis ETF Price Performance

AdvisorShares Pure US Cannabis ETF stock opened at $2.85 on Friday. The stock’s 50 day moving average is $3.48 and its 200 day moving average is $5.07. The firm has a market cap of $389.97 million, a P/E ratio of 12.20 and a beta of 1.29. AdvisorShares Pure US Cannabis ETF has a one year low of $2.75 and a one year 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.