Millennium Management LLC increased its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 694,881 shares of the company’s stock after buying an additional 34,147 shares during the period. Millennium Management LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $5,093,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the company. Tsfg LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the 1st quarter valued at $31,000. Powell Investment Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the 1st quarter valued at $58,000. Flagship Private Wealth LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the 2nd quarter valued at $76,000. Thompson Davis & CO. Inc. acquired a new position in AdvisorShares Pure US Cannabis ETF during the 1st quarter valued at $129,000. Finally, Wealthspire Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the 1st quarter valued at $152,000.
AdvisorShares Pure US Cannabis ETF Price Performance
NYSEARCA:MSOS opened at $6.85 on Friday. The stock has a market cap of $793.34 million, a P/E ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a one year low of $4.92 and a one year high of $11.36. The company has a fifty day moving average price of $6.90 and a 200 day moving average price of $7.89.
AdvisorShares Pure US Cannabis ETF Profile
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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