Jane Street Group LLC Buys 2,206,686 Shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Jane Street Group LLC grew its stake in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 57.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,059,388 shares of the company’s stock after purchasing an additional 2,206,686 shares during the period. Jane Street Group LLC owned approximately 5.23% of AdvisorShares Pure US Cannabis ETF worth $60,654,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. ORG Partners LLC boosted its stake in shares of AdvisorShares Pure US Cannabis ETF by 113.0% during the 4th quarter. ORG Partners LLC now owns 3,623 shares of the company’s stock valued at $25,000 after purchasing an additional 1,922 shares in the last quarter. Tsfg LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the first quarter worth about $31,000. National Bank of Canada FI grew its holdings in AdvisorShares Pure US Cannabis ETF by 155.0% in the fourth quarter. National Bank of Canada FI now owns 4,815 shares of the company’s stock worth $33,000 after purchasing an additional 2,927 shares during the period. Canton Hathaway LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF in the fourth quarter worth about $56,000. Finally, Powell Investment Advisors LLC purchased a new stake in AdvisorShares Pure US Cannabis ETF in the first quarter worth about $58,000.

AdvisorShares Pure US Cannabis ETF Trading Up 0.8 %

MSOS traded up $0.06 during midday trading on Thursday, reaching $7.61. The company’s stock had a trading volume of 987,459 shares, compared to its average volume of 9,125,373. The firm has a market capitalization of $882.00 million, a price-to-earnings ratio of 12.20 and a beta of 0.77. AdvisorShares Pure US Cannabis ETF has a 1 year low of $4.78 and a 1 year high of $11.36. The stock’s 50-day moving average is $7.58 and its 200-day moving average is $8.61.

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.