AdvisorShares Pure US Cannabis ETF Sees Unusually Large Options Volume (NYSEARCA:MSOS)

AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) was the target of some unusual options trading on Wednesday. Stock traders acquired 24,137 put options on the stock. This is an increase of 19% compared to the average volume of 20,343 put options.

AdvisorShares Pure US Cannabis ETF Trading Down 0.8 %

MSOS opened at $8.44 on Thursday. AdvisorShares Pure US Cannabis ETF has a 52-week low of $4.78 and a 52-week high of $14.60. The company has a 50 day moving average of $5.86 and a two-hundred day moving average of $5.77.

Institutional Trading of AdvisorShares Pure US Cannabis ETF

Institutional investors have recently added to or reduced their stakes in the business. Compass Wealth Management LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter worth $45,000. Cetera Investment Advisers acquired a new position in AdvisorShares Pure US Cannabis ETF in the 2nd quarter worth $56,000. Sender Co & Partners Inc. acquired a new position in AdvisorShares Pure US Cannabis ETF in the 1st quarter worth $57,000. Freestone Capital Holdings LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the 1st quarter worth $59,000. Finally, Betterment LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the 1st quarter worth $60,000.

AdvisorShares Pure US Cannabis ETF Company 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.