AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. reduced its position in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 18.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,374 shares of the company’s stock after selling 3,103 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in AdvisorShares Pure US Cannabis ETF were worth $51,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. One Plus One Wealth Management LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the 4th quarter valued at $45,000. Summit Trail Advisors LLC increased its stake in AdvisorShares Pure US Cannabis ETF by 104.5% in the 4th quarter. Summit Trail Advisors LLC now owns 42,425 shares of the company’s stock valued at $162,000 after buying an additional 21,675 shares during the period. Bleakley Financial Group LLC boosted its position in shares of AdvisorShares Pure US Cannabis ETF by 112.0% during the 4th quarter. Bleakley Financial Group LLC now owns 354,586 shares of the company’s stock worth $1,351,000 after purchasing an additional 187,362 shares in the last quarter. Stonegate Investment Group LLC purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF during the 4th quarter worth $124,000. Finally, Perigon Wealth Management LLC purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF during the 4th quarter worth $66,000.

AdvisorShares Pure US Cannabis ETF Stock Performance

Shares of NYSEARCA MSOS opened at $3.35 on Friday. The firm has a market capitalization of $388.27 million, a P/E ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a one year low of $3.14 and a one year high of $11.36. The company’s fifty day moving average is $3.57 and its two-hundred day moving average is $5.31.

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.