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

Barclays PLC raised its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 69.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,602 shares of the company’s stock after buying 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.

A number of other hedge funds have also modified their holdings of the stock. Murchinson Ltd. acquired a new stake in AdvisorShares Pure US Cannabis ETF during the second quarter valued at $11,721,000. Millennium Management LLC lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 5.2% during the 2nd 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 during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the second quarter worth approximately $1,937,000. Commonwealth Equity Services LLC raised its position in AdvisorShares Pure US Cannabis ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 218,084 shares of the company’s stock valued at $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 second quarter valued at approximately $79,000.

AdvisorShares Pure US Cannabis ETF Stock Down 1.7 %

Shares of MSOS opened at $4.01 on Friday. The firm has a market cap of $464.76 million, a price-to-earnings ratio of 12.20 and a beta of 0.77. The company’s fifty day moving average is $4.60 and its 200-day moving average is $6.26. AdvisorShares Pure US Cannabis ETF has a 12 month low of $3.42 and a 12 month high of $11.36.

AdvisorShares Pure US Cannabis ETF Profile

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.