HRT Financial LP Acquires 204,731 Shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

HRT Financial LP increased its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Get Rating) by 86.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 441,676 shares of the company’s stock after purchasing an additional 204,731 shares during the quarter. HRT Financial LP owned 0.73% of AdvisorShares Pure US Cannabis ETF worth $3,087,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sender Co & Partners Inc. bought a new stake in AdvisorShares Pure US Cannabis ETF during the first quarter worth about $20,443,000. Monaco Asset Management SAM raised its stake in AdvisorShares Pure US Cannabis ETF by 218.2% during the fourth quarter. Monaco Asset Management SAM now owns 350,000 shares of the company’s stock worth $2,446,000 after acquiring an additional 240,000 shares in the last quarter. Sowell Financial Services LLC raised its stake in AdvisorShares Pure US Cannabis ETF by 9.1% during the fourth quarter. Sowell Financial Services LLC now owns 272,095 shares of the company’s stock worth $1,902,000 after acquiring an additional 22,672 shares in the last quarter. Cheyne Capital Management UK LLP raised its stake in AdvisorShares Pure US Cannabis ETF by 35.7% during the third quarter. Cheyne Capital Management UK LLP now owns 253,072 shares of the company’s stock worth $2,255,000 after acquiring an additional 66,548 shares in the last quarter. Finally, Herr Investment Group LLC acquired a new position in AdvisorShares Pure US Cannabis ETF during the fourth quarter worth about $1,748,000.

AdvisorShares Pure US Cannabis ETF Price Performance

Shares of NYSEARCA MSOS opened at $5.50 on Friday. AdvisorShares Pure US Cannabis ETF has a 12 month low of $5.05 and a 12 month high of $14.60. The stock has a 50-day moving average price of $5.58 and a two-hundred day moving average price of $7.30.

AdvisorShares Pure US Cannabis ETF Profile

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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.