Canton Hathaway LLC lessened its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 19.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 16,900 shares of the company’s stock after selling 4,100 shares during the period. Canton Hathaway LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $121,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Flagship Private Wealth LLC acquired a new position in shares of AdvisorShares Pure US Cannabis ETF in the second quarter worth about $76,000. Sanctuary Advisors LLC purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF in the 2nd quarter valued at approximately $79,000. Pallas Capital Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF in the 3rd quarter worth approximately $83,000. Clear Harbor Asset Management LLC purchased a new position in AdvisorShares Pure US Cannabis ETF during the 2nd quarter worth approximately $165,000. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in AdvisorShares Pure US Cannabis ETF during the 3rd quarter valued at $163,000.
AdvisorShares Pure US Cannabis ETF Stock Up 0.4 %
Shares of AdvisorShares Pure US Cannabis ETF stock opened at $4.47 on Monday. AdvisorShares Pure US Cannabis ETF has a 12 month low of $4.00 and a 12 month high of $11.36. The stock has a market cap of $518.07 million, a PE ratio of 12.20 and a beta of 0.77. The business has a fifty day simple moving average of $6.46 and a 200-day simple moving average of $7.15.
About AdvisorShares Pure US Cannabis ETF
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.
See Also
- Five stocks we like better than AdvisorShares Pure US Cannabis ETF
- Using the MarketBeat Dividend Tax Calculator
- Super Micro’s Stock Price Is Ready to Rebound After Market Reset
- Breakout Stocks: What They Are and How to Identify Them
- 3 Forces Shaping a Bullish 2025 Outlook
- 10 Best Airline Stocks to Buy
- Should Investors Chase Tech Gains Into Year-End?
Receive News & Ratings for AdvisorShares Pure US Cannabis ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvisorShares Pure US Cannabis ETF and related companies with MarketBeat.com's FREE daily email newsletter.