AdvisorShares Pure US Cannabis ETF (MSOS)
AdvisorShares Pure US Cannabis ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $5.16, down 0.39% on the session, giving a market capitalisation of $670.2M. Its beta of 0.86 implies it has historically moved less than the broad market.
MSOS is the groundbreaking actively managed ETF, listed in the U.S., providing focused exposure exclusively to American cannabis companies, including multi-state operators. The fund's portfolio strategically allocates capital across a wide array of U.S.-based cannabis-related businesses. Offering seamless access, MSOS trades on the NYSE Arca, enabling investors to gain exposure to numerous U.S. cannabis securities through a single, convenient trade. Directly investing in individual U.S. cannabis firms often necessitates sourcing them on smaller, foreign exchanges. The ETF benefits from a portfolio manager with profound capital markets experience and established expertise in navigating highly-regulated equity sectors, notably cannabis. All MSOS assets are securely held by BNY Mellon, one of the largest U.S. custodial banks.
AdvisorShares Pure US Cannabis ETF is most often compared with the following Financial Services names: