AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Shares Up 1% – Should You Buy?

Shares of AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) shot up 1% on Friday . The stock traded as high as $7.47 and last traded at $7.10. 532,267 shares were traded during trading, a decline of 19% from the average session volume of 660,838 shares. The stock had previously closed at $7.03.

AdvisorShares MSOX 2X Daily ETF Trading Up 1.0%

The firm has a 50-day moving average price of $8.35 and a two-hundred day moving average price of $5.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares MSOX 2X Daily ETF stock. StoneX Group Inc. acquired a new position in shares of AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,644 shares of the company’s stock, valued at approximately $38,000. StoneX Group Inc. owned 0.31% of AdvisorShares MSOX 2X Daily ETF at the end of the most recent reporting period.

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.