AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO – Get Free Report)’s stock price were up 4% during trading on Wednesday . The company traded as high as $2.44 and last traded at $2.36. Approximately 112,226 shares changed hands during mid-day trading, an increase of 87% from the average daily volume of 59,905 shares. The stock had previously closed at $2.27.
AdvisorShares Pure Cannabis ETF Price Performance
The stock has a fifty day simple moving average of $2.41 and a two-hundred day simple moving average of $2.92.
Institutional Investors Weigh In On AdvisorShares Pure Cannabis ETF
Several institutional investors have recently made changes to their positions in YOLO. Heritage Oak Wealth Advisors LLC acquired a new position in AdvisorShares Pure Cannabis ETF during the fourth quarter worth $1,469,000. A. D. Beadell Investment Counsel Inc. purchased a new position in shares of AdvisorShares Pure Cannabis ETF in the fourth quarter valued at $103,000. Jane Street Group LLC raised its stake in shares of 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 worth $701,000 after buying an additional 123,386 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of AdvisorShares Pure Cannabis ETF in the 3rd quarter worth about $118,000. Finally, International Assets Investment Management LLC grew its stake in AdvisorShares Pure Cannabis ETF by 394.3% in the 3rd quarter. International Assets Investment Management LLC now owns 60,480 shares of the company’s stock valued at $197,000 after acquiring an additional 48,244 shares during the last quarter.
AdvisorShares Pure Cannabis ETF Company 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.
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