AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN)

NYSEARCA: PSDN · IEX Real-Time Price · USD
3.91
0.13 (3.49%)
May 23, 2022 12:30 PM EDT - Market closed
Assets$6.37M
NAV$3.59
Expense Ratio0.92%
PE Ration/a
Shares Out1.78M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return-60.95%
Volume73,052
Open3.89
Previous Close3.77
Day's Range3.80 - 3.92
52-Week Low3.36
52-Week High10.15
Beta-2.11
Holdings25
Inception DateNov 16, 2021

About PSDN

The fund is an actively managed exchange-traded fund ("ETF") that seeks to invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in (i) securities of companies that derive at least 50% of their net revenue directly from the marijuana and hemp business or from providing services, products or technology to the marijuana and hemp business, and (ii) derivatives that have economic characteristics similar to such securities. The fund is non-diversified.

Asset ClassEquity
RegionGlobal
IssuerAdvisorShares
Stock ExchangeNYSEARCA
Ticker SymbolPSDN

Top 10 Holdings

202.84% of assets
NameSymbolWeight
Derivatives CollateralN/A75.82%
Blackrock Treasury Trust Instl 62N/A24.01%
Green Thumb Industries Swap RecN/A19.19%
Trulieve Cannabis Swap RecN/A16.42%
Curaleaf Holdings Inc Swap RecN/A15.86%
Verano Holdings Corp Swap RecN/A15.13%
Ascend Wellness Holdings Swap RecN/A15.05%
Terrascend Corp Swap RecN/A9.35%
Columbia Care Inc Swap RecN/A7.33%
Cresco Labs Inc Swap RecN/A4.70%
View More Holdings

News

3 Winning ETF Areas of Last Week (Revised)

Along with rising rate worries, growing tensions between Russia and Ukraine weighed on the global markets last week.

3 months ago - Zacks Investment Research

3 Winning ETF Areas of Last Week

Along with rising rate worries, growing tensions between Russia and Ukraine weighed on the global markets last week.

3 months ago - Zacks Investment Research

5 ETFs Up At Least 10% Last Week

The Nasdaq witnessed one of worst trading days since March 2020 last week. Still, these ETFs were up at least 10% last week.

Other symbols:BITQDAPPKEUARIGZ
3 months ago - Zacks Investment Research

Cannabis Watch: Poseidon launches new cannabis ETF on the NYSE

Longtime cannabis investor Poseidon Investment Management on Wednesday launched an actively managed exchange-traded fund aimed at providing individual investors access to U.S. cannabis companies barred ...

6 months ago - Market Watch

Firm Adds Its 3rd Marijuana ETF

AdvisorShares' new ETF is global in nature and can implement leverage.

Other symbols:MSOSYOLO
6 months ago - ETFcom

THC-Lined Drinking Straws? All You Need To Know About The New Cannabis ETF $PSDN $JUSHF — Cannabis Daily November 17,...

Today's cannabis headlines include: Brand New Cannabis ETF starts trading today (PSDN)

6 months ago - Benzinga

AdvisorShares Launches the Poseidon Dynamic Cannabis ETF, PSDN

On Wednesday, AdvisorShares, a leading sponsor of actively managed ETFs and the largest cannabis fund manager, announced the launch of the AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN). PSDN is sub...

6 months ago - ETF Trends

Marijuana Investment Fund Poseidon Launches New Cannabis ETF

Poseidon Investment Management, one of the longest-running dedicated cannabis investment funds, announced Wednesday the launch of the AdvisorShares Poseidon Dynamic Cannabis ETF (Ticker: PSDN). PSDN, wh...

6 months ago - Benzinga