One Plus One Wealth Management LLC Acquires Shares of 11,874 AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

One Plus One Wealth Management LLC bought a new stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) in the fourth quarter, Holdings Channel reports. The firm bought 11,874 shares of the company’s stock, valued at approximately $45,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Clear Street Derivatives LLC purchased a new position in AdvisorShares Pure US Cannabis ETF in the third quarter valued at about $49,437,000. Sender Co & Partners Inc. lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 3,714.9% during the 3rd quarter. Sender Co & Partners Inc. now owns 809,590 shares of the company’s stock valued at $5,805,000 after buying an additional 788,368 shares during the last quarter. Murchinson Ltd. lifted its holdings in shares of AdvisorShares Pure US Cannabis ETF by 18.8% during the 3rd quarter. Murchinson Ltd. now owns 1,899,800 shares of the company’s stock valued at $13,619,000 after buying an additional 300,800 shares during the last quarter. JW Asset Management LLC grew its stake in shares of AdvisorShares Pure US Cannabis ETF by 31.4% in the 3rd quarter. JW Asset Management LLC now owns 1,093,369 shares of the company’s stock valued at $7,839,000 after buying an additional 261,086 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its position in AdvisorShares Pure US Cannabis ETF by 112.0% during the fourth quarter. Bleakley Financial Group LLC now owns 354,586 shares of the company’s stock valued at $1,351,000 after acquiring an additional 187,362 shares in the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Up 0.9 %

NYSEARCA MSOS opened at $3.46 on Thursday. The stock has a market capitalization of $401.01 million, a PE ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a 12-month low of $3.27 and a 12-month high of $11.36. The company has a 50 day moving average price of $3.65 and a two-hundred day moving average price of $5.48.

AdvisorShares Pure US Cannabis ETF Company 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.