AdvisorShares Psychedelics ETF (NYSEARCA:PSIL) Stock Price Cross Below 200-Day Moving Average – Here’s What Happened

AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Get Free Report) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $20.72 and traded as low as $18.86. AdvisorShares Psychedelics ETF shares last traded at $19.08, with a volume of 48,306 shares trading hands.

AdvisorShares Psychedelics ETF Price Performance

The company’s fifty day simple moving average is $22.95 and its 200 day simple moving average is $20.72.

Institutional Trading of AdvisorShares Psychedelics ETF

An institutional investor recently raised its position in AdvisorShares Psychedelics ETF stock. Vigilare Wealth Management raised its stake in AdvisorShares Psychedelics ETF (NYSEARCA:PSIL – Free Report) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,763 shares of the company’s stock after acquiring an additional 963 shares during the quarter. Vigilare Wealth Management owned about 0.45% of AdvisorShares Psychedelics ETF worth $220,000 at the end of the most recent reporting period.

AdvisorShares Psychedelics ETF Company Profile

(Get Free Report)

The AdvisorShares Psychedelics ETF (PSIL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to the emerging global psychedelics industry. PSIL was launched on Sep 15, 2021 and is managed by AdvisorShares.

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