PCG Wealth Advisors LLC Buys 34,805 Shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

PCG Wealth Advisors LLC boosted its holdings in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 123.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,045 shares of the company’s stock after buying an additional 34,805 shares during the period. PCG Wealth Advisors LLC owned approximately 0.05% of AdvisorShares Pure US Cannabis ETF worth $240,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in MSOS. Edge Wealth Management LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the fourth quarter valued at $42,000. Sanctuary Advisors LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the second quarter valued at $79,000. Pallas Capital Advisors LLC bought a new stake in AdvisorShares Pure US Cannabis ETF during the third quarter valued at $83,000. Mesirow Financial Investment Management Inc. bought a new stake in AdvisorShares Pure US Cannabis ETF during the third quarter worth about $163,000. Finally, Horrell Capital Management Inc. lifted its stake in AdvisorShares Pure US Cannabis ETF by 29.2% during the third quarter. Horrell Capital Management Inc. now owns 27,269 shares of the company’s stock worth $196,000 after purchasing an additional 6,162 shares during the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Up 5.4 %

Shares of MSOS stock opened at $3.54 on Friday. The business has a 50-day moving average price of $3.92 and a two-hundred day moving average price of $5.86. AdvisorShares Pure US Cannabis ETF has a 12-month low of $3.33 and a 12-month high of $11.36. The firm has a market cap of $410.29 million, a P/E ratio of 12.20 and a beta of 0.77.

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.