AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO – Get Free Report)’s stock price traded up 5.7% during mid-day trading on Thursday . The stock traded as high as $3.19 and last traded at $3.14. 32,192 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 53,843 shares. The stock had previously closed at $2.97.
AdvisorShares Pure Cannabis ETF Stock Up 5.7%
The stock has a market capitalization of $36.80 million, a PE ratio of 21.88 and a beta of 1.28. The firm has a 50 day moving average price of $2.91 and a 200-day moving average price of $3.02.
Institutional Trading of AdvisorShares Pure Cannabis ETF
Several large investors have recently made changes to their positions in YOLO. Wealthfront Advisers LLC boosted its holdings in shares of AdvisorShares Pure Cannabis ETF by 316.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 415,951 shares of the company’s stock valued at $1,468,000 after acquiring an additional 315,972 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of AdvisorShares Pure Cannabis ETF by 543.0% in the 4th quarter. Jane Street Group LLC now owns 284,100 shares of the company’s stock valued at $938,000 after acquiring an additional 239,914 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of AdvisorShares Pure Cannabis ETF in the 3rd quarter valued at $818,000. Geneos Wealth Management Inc. boosted its holdings in shares of AdvisorShares Pure Cannabis ETF by 1,252.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 50,860 shares of the company’s stock valued at $168,000 after acquiring an additional 47,100 shares during the last quarter. Finally, Heritage Oak Wealth Advisors LLC boosted its holdings in shares of AdvisorShares Pure Cannabis ETF by 5.2% in the 1st quarter. Heritage Oak Wealth Advisors LLC now owns 626,886 shares of the company’s stock valued at $1,649,000 after acquiring an additional 31,218 shares during the last quarter.
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.
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