AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) Shares Acquired by Clear Harbor Asset Management LLC

by · The Cerbat Gem

Clear Harbor Asset Management LLC lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Free Report) by 26.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,500 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MSOS. Bleakley Financial Group LLC raised its position in AdvisorShares Pure US Cannabis ETF by 11.1% in the third quarter. Bleakley Financial Group LLC now owns 167,224 shares of the company’s stock valued at $1,199,000 after purchasing an additional 16,647 shares during the period. A. D. Beadell Investment Counsel Inc. raised its holdings in shares of AdvisorShares Pure US Cannabis ETF by 88.1% in the 3rd quarter. A. D. Beadell Investment Counsel Inc. now owns 44,525 shares of the company’s stock valued at $319,000 after buying an additional 20,850 shares during the period. Sanctuary Advisors LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the 2nd quarter worth about $79,000. Heritage Oak Wealth Advisors LLC purchased a new position in AdvisorShares Pure US Cannabis ETF during the 2nd quarter valued at about $1,937,000. Finally, Truist Financial Corp grew its position in AdvisorShares Pure US Cannabis ETF by 8.3% in the 2nd quarter. Truist Financial Corp now owns 37,728 shares of the company’s stock valued at $277,000 after acquiring an additional 2,906 shares in the last quarter.

AdvisorShares Pure US Cannabis ETF Price Performance

Shares of NYSEARCA:MSOS opened at $7.59 on Monday. The firm has a market capitalization of $879.68 million, a PE ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a 1 year low of $4.92 and a 1 year high of $11.36. The firm’s 50-day moving average is $6.94 and its two-hundred day moving average is $7.67.

AdvisorShares Pure US Cannabis ETF Profile

(Free Report)

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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