A. D. Beadell Investment Counsel Inc. Acquires Shares of 42,950 AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO)

A. D. Beadell Investment Counsel Inc. purchased a new position in AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,950 shares of the company’s stock, valued at approximately $103,000. A. D. Beadell Investment Counsel Inc. owned about 0.33% of AdvisorShares Pure Cannabis ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in YOLO. Jane Street Group LLC increased its position in AdvisorShares Pure Cannabis ETF by 134.8% during the 3rd quarter. Jane Street Group LLC now owns 214,930 shares of the company’s stock valued at $701,000 after purchasing an additional 123,386 shares during the period. Flow Traders U.S. LLC bought a new position in shares of AdvisorShares Pure Cannabis ETF during the third quarter valued at approximately $118,000. Finally, International Assets Investment Management LLC raised its stake in AdvisorShares Pure Cannabis ETF by 394.3% in the third quarter. International Assets Investment Management LLC now owns 60,480 shares of the company’s stock worth $197,000 after buying an additional 48,244 shares in the last quarter.

AdvisorShares Pure Cannabis ETF Price Performance

YOLO traded down $0.08 on Friday, hitting $2.35. The company had a trading volume of 204,377 shares, compared to its average volume of 74,300. The stock has a fifty day moving average price of $2.60 and a 200-day moving average price of $3.07. AdvisorShares Pure Cannabis ETF has a 12-month low of $2.30 and a 12-month high of $4.76.

AdvisorShares Pure Cannabis ETF Profile

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.