AdvisorShares Vice ETF (NYSEARCA:VICE) Stock Price Up 0.8% – Here’s Why

AdvisorShares Vice ETF (NYSEARCA:VICE)’s stock price rose 0.8% on Thursday . The stock traded as high as $36.15 and last traded at $36.03. Approximately 893 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 697 shares. The stock had previously closed at $35.73.

AdvisorShares Vice ETF Trading Up 0.8%

The company has a market capitalization of $7.93 million, a price-to-earnings ratio of 14.11 and a beta of 0.92. The firm’s fifty day simple moving average is $35.50 and its two-hundred day simple moving average is $33.71.

Hedge Funds Weigh In On AdvisorShares Vice ETF

A hedge fund recently raised its stake in AdvisorShares Vice ETF stock. Financial Perspectives Inc raised its position in AdvisorShares Vice ETF (NYSEARCA:VICE) by 13.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,829 shares of the company’s stock after purchasing an additional 346 shares during the quarter. Financial Perspectives Inc owned about 1.26% of AdvisorShares Vice ETF worth $97,000 as of its most recent SEC filing.

About AdvisorShares Vice ETF

The AdvisorShares Vice ETF (VICE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in US companies involved in alcohol and tobacco, food and beverage, and gaming-related activities. VICE was launched on Dec 12, 2017 and is managed by AdvisorShares.