AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) Stock Price Down 1.5% – Time to Sell?

Posted by Trevor Kearing on May 7th, 2026

AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO – Get Free Report)’s share price dropped 1.5% during mid-day trading on Thursday . The stock traded as low as $3.15 and last traded at $3.19. Approximately 69,478 shares changed hands during trading, an increase of 21% from the average daily volume of 57,326 shares. The stock had previously closed at $3.24.

AdvisorShares Pure Cannabis ETF Trading Down 1.5%

The firm has a market capitalization of $37.39 million, a price-to-earnings ratio of 21.88 and a beta of 1.28. The company has a fifty day moving average price of $2.89 and a 200-day moving average price of $3.04.

Institutional Investors Weigh In On AdvisorShares Pure Cannabis ETF

Institutional investors have recently made changes to their positions in the company. CWM LLC acquired a new stake in shares of AdvisorShares Pure Cannabis ETF during the 4th quarter valued at about $26,000. Sankala Group LLC acquired a new stake in shares of AdvisorShares Pure Cannabis ETF during the 4th quarter valued at about $40,000. Advisory Alpha LLC acquired a new stake in shares of AdvisorShares Pure Cannabis ETF during the 4th quarter valued at about $57,000. Geneos Wealth Management Inc. lifted its holdings in shares of AdvisorShares Pure Cannabis ETF by 1,252.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 50,860 shares of the company’s stock valued at $168,000 after buying an additional 47,100 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of AdvisorShares Pure Cannabis ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 103,057 shares of the company’s stock valued at $340,000 after buying an additional 10,582 shares during the last quarter.

About AdvisorShares Pure Cannabis ETF

(Get Free Report)

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.