Wealthfront Advisers LLC Sells 16,030 Shares of AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO)

Wealthfront Advisers LLC lessened its position in shares of AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLOFree Report) by 36.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,421 shares of the company’s stock after selling 16,030 shares during the period. Wealthfront Advisers LLC’s holdings in AdvisorShares Pure Cannabis ETF were worth $69,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Heritage Oak Wealth Advisors LLC bought a new position in shares of AdvisorShares Pure Cannabis ETF in the 4th quarter worth $1,469,000. A. D. Beadell Investment Counsel Inc. bought a new position in shares of AdvisorShares Pure Cannabis ETF in the 4th quarter worth $103,000. Jane Street Group LLC increased its holdings in shares of AdvisorShares Pure Cannabis ETF by 134.8% in 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. Finally, Flow Traders U.S. LLC bought a new position in shares of AdvisorShares Pure Cannabis ETF in the 3rd quarter worth $118,000.

AdvisorShares Pure Cannabis ETF Price Performance

Shares of NYSEARCA:YOLO opened at $1.92 on Wednesday. The company’s fifty day moving average price is $2.19 and its 200-day moving average price is $2.67. The firm has a market capitalization of $24.80 million, a price-to-earnings ratio of 22.92 and a beta of 1.46. AdvisorShares Pure Cannabis ETF has a one year low of $1.87 and a one year high of $4.76.

AdvisorShares Pure Cannabis ETF Profile

(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.

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Institutional Ownership by Quarter for AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO)

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