Intrepid Capital Management Inc. Buys 178,500 Shares of AdvisorShares Pure US Cannabis ETF $MSOS

Intrepid Capital Management Inc. lifted its stake in AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) by 466.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 216,750 shares of the company’s stock after acquiring an additional 178,500 shares during the period. Intrepid Capital Management Inc.’s holdings in AdvisorShares Pure US Cannabis ETF were worth $1,023,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Suvretta Capital Management LLC bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the 3rd quarter worth $34,330,000. Marex Group plc bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the 4th quarter worth $32,568,000. Clear Street Group Inc. bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the 3rd quarter worth $32,633,000. AdvisorShares Investments LLC raised its position in shares of AdvisorShares Pure US Cannabis ETF by 8.0% in the 4th quarter. AdvisorShares Investments LLC now owns 4,060,551 shares of the company’s stock worth $19,166,000 after acquiring an additional 300,958 shares in the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in shares of AdvisorShares Pure US Cannabis ETF in the 4th quarter worth $5,976,000.

AdvisorShares Pure US Cannabis ETF Price Performance

Shares of NYSEARCA:MSOS opened at $5.04 on Friday. The business’s 50-day moving average is $4.66 and its 200 day moving average is $4.35. AdvisorShares Pure US Cannabis ETF has a 1 year low of $2.06 and a 1 year high of $7.25. The firm has a market capitalization of $1.05 billion, a P/E ratio of 12.20 and a beta of 1.32.

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.