AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) Trading 11.3% Higher – Should You Buy?

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX)’s stock price traded up 11.3% during trading on Monday . The stock traded as high as $2.76 and last traded at $2.75. 2,826,236 shares were traded during trading, an increase of 74% from the average session volume of 1,621,393 shares. The stock had previously closed at $2.47.

AdvisorShares MSOX 2X Daily ETF Stock Performance

The firm’s 50-day moving average price is $2.76 and its 200 day moving average price is $4.63.

Institutional Investors Weigh In On AdvisorShares MSOX 2X Daily ETF

Several institutional investors have recently modified their holdings of MSOX. IMC Chicago LLC acquired a new stake in shares of AdvisorShares MSOX 2X Daily ETF during the 4th quarter worth approximately $576,000. Howard Financial Services LTD. acquired a new position in AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at approximately $134,000. FNY Investment Advisers LLC acquired a new position in AdvisorShares MSOX 2X Daily ETF during the third quarter valued at approximately $205,000. Legacy Capital Wealth Partners LLC bought a new stake in shares of AdvisorShares MSOX 2X Daily ETF in the 4th quarter valued at $79,000. Finally, StoneX Group Inc. acquired a new stake in AdvisorShares MSOX 2X Daily ETF during the 2nd quarter worth $38,000.

About AdvisorShares MSOX 2X Daily ETF

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.