Corient Private Wealth LLC Has $108,000 Stock Holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Corient Private Wealth LLC reduced its holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 67.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 28,410 shares of the company’s stock after selling 59,663 shares during the quarter. Corient Private Wealth LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $108,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Monaco Asset Management SAM increased its stake in shares of AdvisorShares Pure US Cannabis ETF by 229.6% in the fourth quarter. Monaco Asset Management SAM now owns 800,000 shares of the company’s stock valued at $3,048,000 after buying an additional 557,288 shares during the period. Mesirow Financial Investment Management Inc. boosted its holdings in AdvisorShares Pure US Cannabis ETF by 235.7% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 76,200 shares of the company’s stock valued at $290,000 after acquiring an additional 53,500 shares during the last quarter. Carrera Capital Advisors bought a new stake in AdvisorShares Pure US Cannabis ETF in the fourth quarter valued at approximately $1,003,000. Heritage Oak Wealth Advisors LLC acquired a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at approximately $167,000. Finally, Proficio Capital Partners LLC raised its holdings in AdvisorShares Pure US Cannabis ETF by 102.4% during the 4th quarter. Proficio Capital Partners LLC now owns 606,549 shares of the company’s stock worth $2,311,000 after purchasing an additional 306,808 shares during the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Performance

Shares of NYSEARCA MSOS opened at $2.55 on Thursday. The company’s 50 day moving average price is $3.09 and its 200-day moving average price is $4.50. AdvisorShares Pure US Cannabis ETF has a 52-week low of $2.40 and a 52-week high of $11.37. The company has a market capitalization of $343.82 million, a P/E ratio of 12.20 and a beta of 1.33.

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.