Oppenheimer & Co. Inc. increased its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Get Rating) by 339.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,758 shares of the company’s stock after purchasing an additional 45,387 shares during the quarter. Oppenheimer & Co. Inc. owned 0.10% of AdvisorShares Pure US Cannabis ETF worth $524,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently made changes to their positions in MSOS. Valley National Advisers Inc. raised its holdings in shares of AdvisorShares Pure US Cannabis ETF by 298,600.0% in the third quarter. Valley National Advisers Inc. now owns 2,987 shares of the company’s stock worth $31,000 after acquiring an additional 2,986 shares during the last quarter. CWM LLC raised its holdings in shares of AdvisorShares Pure US Cannabis ETF by 44.7% in the second quarter. CWM LLC now owns 3,846 shares of the company’s stock worth $40,000 after acquiring an additional 1,189 shares during the last quarter. Prospera Financial Services Inc raised its holdings in shares of AdvisorShares Pure US Cannabis ETF by 14.7% in the third quarter. Prospera Financial Services Inc now owns 11,525 shares of the company’s stock worth $103,000 after acquiring an additional 1,475 shares during the last quarter. Creative Planning purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF in the third quarter valued at $103,000. Finally, Journey Strategic Wealth LLC purchased a new stake in shares of AdvisorShares Pure US Cannabis ETF in the second quarter valued at $104,000.
AdvisorShares Pure US Cannabis ETF Stock Down 0.3 %
Shares of NYSEARCA:MSOS opened at $6.63 on Friday. AdvisorShares Pure US Cannabis ETF has a 52 week low of $6.09 and a 52 week high of $22.18. The business has a fifty day simple moving average of $6.86 and a 200-day simple moving average of $9.66.
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.
Further Reading
- Get a free copy of the StockNews.com research report on AdvisorShares Pure US Cannabis ETF (MSOS)
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