AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Get Free Report)’s share price dropped 0.2% during mid-day trading on Wednesday . The company traded as low as $12.29 and last traded at $12.29. Approximately 2,391 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 14,141 shares. The stock had previously closed at $12.32.
AdvisorShares Psychedelics ETF Price Performance
The business’s 50-day simple moving average is $13.13 and its 200-day simple moving average is $11.56.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AdvisorShares Psychedelics ETF stock. Spire Wealth Management bought a new stake in shares of AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,484 shares of the company’s stock, valued at approximately $27,000.
AdvisorShares Psychedelics ETF Company Profile
The AdvisorShares Psychedelics ETF (PSIL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to the emerging global psychedelics industry. PSIL was launched on Sep 15, 2021 and is managed by AdvisorShares.
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