Jaffetilchin Investment Partners LLC Sells 8,130 Shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Jaffetilchin Investment Partners LLC lowered its position in shares of AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 323,656 shares of the company’s stock after selling 8,130 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in AdvisorShares Pure US Cannabis ETF were worth $2,321,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Truist Financial Corp boosted its stake in AdvisorShares Pure US Cannabis ETF by 8.3% during the second quarter. Truist Financial Corp now owns 37,728 shares of the company’s stock worth $277,000 after acquiring an additional 2,906 shares in the last quarter. Clear Harbor Asset Management LLC boosted its position in shares of AdvisorShares Pure US Cannabis ETF by 26.7% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 28,500 shares of the company’s stock worth $204,000 after purchasing an additional 6,000 shares in the last quarter. Horrell Capital Management Inc. boosted its position in shares of AdvisorShares Pure US Cannabis ETF by 29.2% during the 3rd 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 in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of AdvisorShares Pure US Cannabis ETF by 3.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 218,084 shares of the company’s stock valued at $1,599,000 after buying an additional 6,758 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in AdvisorShares Pure US Cannabis ETF by 34.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 31,855 shares of the company’s stock valued at $319,000 after buying an additional 8,085 shares in the last quarter.

AdvisorShares Pure US Cannabis ETF Stock Performance

Shares of NYSEARCA:MSOS opened at $4.84 on Monday. AdvisorShares Pure US Cannabis ETF has a 52-week low of $4.80 and a 52-week high of $11.36. The business’s 50 day simple moving average is $6.85 and its two-hundred day simple moving average is $7.48. The firm has a market cap of $560.96 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.