Renaissance Technologies LLC Sells 120,500 Shares of AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX)

Renaissance Technologies LLC reduced its position in AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) by 90.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,000 shares of the company’s stock after selling 120,500 shares during the quarter. Renaissance Technologies LLC owned 0.06% of AdvisorShares MSOX 2X Daily ETF worth $110,000 at the end of the most recent quarter.

Separately, FNY Investment Advisers LLC purchased a new position in shares of AdvisorShares MSOX 2X Daily ETF in the fourth quarter worth about $45,000.

AdvisorShares MSOX 2X Daily ETF Stock Performance

Shares of MSOX stock opened at $3.98 on Thursday. The business has a 50-day moving average of $3.87 and a 200 day moving average of $10.72. AdvisorShares MSOX 2X Daily ETF has a 1-year low of $2.44 and a 1-year high of $122.18.

AdvisorShares MSOX 2X Daily ETF Company Profile

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.