Heritage Oak Wealth Advisors LLC Has $1.97 Million Stock Position in AdvisorShares Pure Cannabis ETF $YOLO

Heritage Oak Wealth Advisors LLC lowered its stake in AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) by 35.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 595,668 shares of the company’s stock after selling 327,396 shares during the period. AdvisorShares Pure Cannabis ETF makes up 0.7% of Heritage Oak Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. Heritage Oak Wealth Advisors LLC owned 4.71% of AdvisorShares Pure Cannabis ETF worth $1,966,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC increased its holdings in AdvisorShares Pure Cannabis ETF by 23.8% in the 2nd quarter. Jane Street Group LLC now owns 141,248 shares of the company’s stock valued at $268,000 after buying an additional 27,153 shares during the period. Elevation Point Wealth Partners LLC bought a new position in AdvisorShares Pure Cannabis ETF in the third quarter valued at approximately $818,000. Finally, Wealthfront Advisers LLC raised its position in AdvisorShares Pure Cannabis ETF by 316.0% during the third quarter. Wealthfront Advisers LLC now owns 415,951 shares of the company’s stock valued at $1,468,000 after purchasing an additional 315,972 shares in the last quarter.

AdvisorShares Pure Cannabis ETF Price Performance

NYSEARCA YOLO opened at $2.82 on Tuesday. The business has a fifty day moving average price of $2.86 and a two-hundred day moving average price of $3.11. The stock has a market capitalization of $33.05 million, a PE ratio of 21.88 and a beta of 1.38. AdvisorShares Pure Cannabis ETF has a fifty-two week low of $1.45 and a fifty-two week high of $4.53.

About AdvisorShares Pure Cannabis ETF

The AdvisorShares Pure Cannabis ETF (YOLO) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund is an actively-managed ETF that seeks long-term capital appreciation by investing in both domestic and foreign cannabis equities, as well as total return swaps of similar securities. YOLO was launched on Apr 17, 2019 and is managed by AdvisorShares.