K.J. Harrison & Partners Inc Has $975,000 Stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

K.J. Harrison & Partners Inc lifted its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 60.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 238,937 shares of the company’s stock after buying an additional 90,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in AdvisorShares Pure US Cannabis ETF were worth $975,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. NewEdge Wealth LLC boosted its holdings in AdvisorShares Pure US Cannabis ETF by 2,277.9% during the fourth quarter. NewEdge Wealth LLC now owns 853,858 shares of the company’s stock worth $3,253,000 after purchasing an additional 817,950 shares during the last quarter. Truist Financial Corp grew its holdings in shares of AdvisorShares Pure US Cannabis ETF by 30.0% in the 4th quarter. Truist Financial Corp now owns 26,865 shares of the company’s stock valued at $102,000 after acquiring an additional 6,195 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF in the fourth quarter valued at about $36,000. One Plus One Wealth Management LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the fourth quarter worth about $45,000. Finally, Summit Trail Advisors LLC boosted its position in AdvisorShares Pure US Cannabis ETF by 104.5% during the fourth quarter. Summit Trail Advisors LLC now owns 42,425 shares of the company’s stock valued at $162,000 after purchasing an additional 21,675 shares during the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Up 1.6 %

MSOS stock opened at $3.19 on Thursday. AdvisorShares Pure US Cannabis ETF has a twelve month low of $3.11 and a twelve month high of $11.36. The company has a market cap of $436.49 million, a price-to-earnings ratio of 12.20 and a beta of 1.29. The business has a 50 day moving average price of $3.54 and a two-hundred day moving average price of $5.22.

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.