AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) Stock Price Down 5.1% – Time to Sell?

Posted by Tyrone Williams on Jul 6th, 2026

AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Get Free Report) shares dropped 5.1% during mid-day trading on Monday . The stock traded as low as $4.62 and last traded at $4.64. Approximately 3,924,822 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 7,646,501 shares. The stock had previously closed at $4.89.

AdvisorShares Pure US Cannabis ETF Stock Performance

The business has a fifty day simple moving average of $4.89 and a 200 day simple moving average of $4.45. The stock has a market capitalization of $940.14 million, a price-to-earnings ratio of 12.20 and a beta of 1.32.

Hedge Funds Weigh In On AdvisorShares Pure US Cannabis ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Anson Funds Management LP increased its position in AdvisorShares Pure US Cannabis ETF by 58.9% during the first quarter. Anson Funds Management LP now owns 16,330,922 shares of the company’s stock worth $57,975,000 after acquiring an additional 6,056,223 shares during the period. Renaissance Technologies LLC acquired a new stake in AdvisorShares Pure US Cannabis ETF in the 1st quarter worth about $420,000. Geneos Wealth Management Inc. boosted its holdings in AdvisorShares Pure US Cannabis ETF by 40.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 126,846 shares of the company’s stock valued at $450,000 after purchasing an additional 36,650 shares during the period. Horrell Capital Management Inc. boosted its holdings in AdvisorShares Pure US Cannabis ETF by 34.9% in the 1st quarter. Horrell Capital Management Inc. now owns 42,507 shares of the company’s stock valued at $145,000 after purchasing an additional 11,000 shares during the period. Finally, Bogart Wealth LLC grew its position in shares of AdvisorShares Pure US Cannabis ETF by 310.9% during the 1st quarter. Bogart Wealth LLC now owns 11,895 shares of the company’s stock worth $42,000 after purchasing an additional 9,000 shares in the last quarter.

AdvisorShares Pure US Cannabis ETF Company Profile

(Get Free Report)

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.