Sequoia Financial Advisors LLC Raises Stock Holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Sequoia Financial Advisors LLC raised its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOSFree Report) by 99.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,398 shares of the company’s stock after acquiring an additional 25,678 shares during the period. Sequoia Financial Advisors LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. ORG Partners LLC raised its holdings in AdvisorShares Pure US Cannabis ETF by 113.0% during the 4th quarter. ORG Partners LLC now owns 3,623 shares of the company’s stock valued at $25,000 after buying an additional 1,922 shares during the period. Tsfg LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF during the 1st quarter valued at $31,000. National Bank of Canada FI raised its holdings in AdvisorShares Pure US Cannabis ETF by 155.0% during the 4th quarter. National Bank of Canada FI now owns 4,815 shares of the company’s stock valued at $33,000 after buying an additional 2,927 shares during the period. Canton Hathaway LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF during the 4th quarter valued at $56,000. Finally, PFS Partners LLC raised its holdings in AdvisorShares Pure US Cannabis ETF by 39.3% during the 3rd quarter. PFS Partners LLC now owns 7,210 shares of the company’s stock valued at $57,000 after buying an additional 2,035 shares during the period.

AdvisorShares Pure US Cannabis ETF Stock Performance

NYSEARCA:MSOS opened at $7.16 on Monday. The stock’s fifty day moving average is $8.27 and its 200 day moving average is $8.57. AdvisorShares Pure US Cannabis ETF has a fifty-two week low of $4.78 and a fifty-two week high of $11.36. The firm has a market capitalization of $829.84 million, a PE ratio of 12.20 and a beta of 0.77.

AdvisorShares Pure US Cannabis ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

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