607,225 Shares in AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) Bought by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC bought a new stake in shares of AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) in the fourth quarter, Holdings Channel reports. The fund bought 607,225 shares of the company’s stock, valued at approximately $1,469,000. AdvisorShares Pure Cannabis ETF accounts for 0.7% of Heritage Oak Wealth Advisors LLC’s holdings, making the stock its 26th largest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Flow Traders U.S. LLC purchased a new position in AdvisorShares Pure Cannabis ETF during the third quarter valued at approximately $118,000. A. D. Beadell Investment Counsel Inc. acquired a new position in shares of AdvisorShares Pure Cannabis ETF in the fourth quarter worth about $103,000. International Assets Investment Management LLC grew its position in shares of AdvisorShares Pure Cannabis ETF by 394.3% during 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 period. Finally, Jane Street Group LLC increased its stake 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 valued at $701,000 after purchasing an additional 123,386 shares in the last quarter.

AdvisorShares Pure Cannabis ETF Stock Performance

NYSEARCA YOLO opened at $2.10 on Thursday. AdvisorShares Pure Cannabis ETF has a twelve month low of $2.08 and a twelve month high of $4.76. The stock has a 50-day moving average of $2.32 and a 200 day moving average of $2.80. The stock has a market capitalization of $27.13 million, a price-to-earnings ratio of 26.96 and a beta of 1.46.

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.