Cannabis stocks experienced a notable rally this week, with the AdvisorShares Pure U.S. Cannabis ETF (MSOS) leading the gains by rising 12.5%. This surge in the U.S. cannabis sector is largely attributed to ongoing federal reform discussions. Meanwhile, Dan, an active portfolio manager for AdvisorShares ETFs, made several adjustments to various funds. On April 24 and 25, 2025, he increased holdings in the AdvisorShares psychedelics ETF (PSIL), including purchases of 5,000 shares of CMPS and 50,000 shares of RLMD. For the same period, he also rebalanced the MSOS ETF, adjusting the position from $1.7 million to $1 million, with the net asset value (NAV) and closing prices remaining stable around $2.83 and $2.81 respectively. Additionally, weekly updates for the AdvisorShares YOLO ETF showed increased holdings in OGI (57,900 shares), ROMJF (110,000 shares), and LOVE (50,000 shares), while reducing REFI and AGFY positions. The AdvisorShares Gerber Kawasaki (GK) ETF also saw portfolio changes, including additions of 1,000 shares of IAU and 100 shares of AXON and COST, with reductions in NVDA, AAPL, MGM, ASML, NFLX, and others. Separately, the combined market value of the world's top 10 largest stocks rose to $18.76 trillion from $17.47 trillion the previous week.
The top 10 largest stocks in the world are now worth a combined $18.76 Trillion up from $17.47T last week https://t.co/32ZWjcAjCV
Time for the weekly update for the @AdvisorShares /@GerberKawasaki $GK ETF and here are the changes made to the holdings for the week ending April 25, 2025. 😊💚🥂 $IAU 1,000 $AXON 100 $COST 100 $NVDA (500) $MSTF (75) $AAPL (250) $MGM (1,038) $ASML (125) $NFLX (16) $JOM (200) https://t.co/wh2LnsPPEY https://t.co/h81nPd9F8C
For those following along with the weekly updates to the @AdvisorShares $YOLO ETF here are the changes made to the holdings for the week ending April 25, 2025. 😊🥂💚 $OGI 57,900 $ROMJF 110,000 $LOVE 50,000 $REFI (12,000) $AGFY (5,925) https://t.co/KRcXbAc2fY https://t.co/3oNViK3ZDr