Pekin Hardy Strauss Inc. Boosts Holdings in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

Pekin Hardy Strauss Inc. grew its stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 13.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 19,315 shares of the company’s stock after buying an additional 2,225 shares during the period. Pekin Hardy Strauss Inc.’s holdings in AdvisorShares Pure US Cannabis ETF were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ameritas Investment Company LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF in the first quarter worth $26,000. Focused Wealth Management Inc increased its stake in shares of AdvisorShares Pure US Cannabis ETF by 87.0% in the second quarter. Focused Wealth Management Inc now owns 1,309 shares of the company’s stock worth $52,000 after acquiring an additional 609 shares during the period. Larson Financial Group LLC increased its stake in shares of AdvisorShares Pure US Cannabis ETF by 38.1% in the second quarter. Larson Financial Group LLC now owns 2,536 shares of the company’s stock worth $101,000 after acquiring an additional 699 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF in the second quarter worth $29,000. Finally, Tradition Wealth Management LLC acquired a new stake in shares of AdvisorShares Pure US Cannabis ETF in the first quarter worth $33,000.

NYSEARCA:MSOS opened at $32.38 on Friday. The company’s fifty day moving average price is $33.73 and its 200-day moving average price is $38.68. AdvisorShares Pure US Cannabis ETF has a 1-year low of $20.81 and a 1-year high of $55.91.

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Institutional Ownership by Quarter for AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS)

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