AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN)
| Assets | $3.30M |
| Expense Ratio | 1.01% |
| PE Ratio | n/a |
| Shares Out | 2.13M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -74.79% |
| Volume | 60,891 |
| Open | 1.65 |
| Previous Close | 1.56 |
| Day's Range | 1.55 - 1.65 |
| 52-Week Low | 1.38 |
| 52-Week High | 7.94 |
| Beta | -5.10 |
| Holdings | 21 |
| Inception Date | Nov 16, 2021 |
About PSDN
The AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that primarily invests in US and foreign companies, directly or indirectly involved in the marijuana and hemp industry. The fund may use leverage and expands the exposure to include biotech stocks as well. PSDN was launched on Nov 16, 2021 and is managed by AdvisorShares.
Top 10 Holdings
180.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Blackrock Treasury Trust Instl 62 | n/a | 85.93% |
| Green Thumb Industries Swap Rec | n/a | 28.05% |
| Ascend Wellness Holdings Swap Rec | n/a | 17.73% |
| Curaleaf Holdings Inc Swap Rec | n/a | 17.11% |
| SNDL Inc. | SNDL | 10.31% |
| Trulieve Cannabis Swap Rec | n/a | 9.46% |
| Verano Holdings Corp Swap Rec | n/a | 5.01% |
| Cresco Labs Inc Swap Rec | n/a | 3.86% |
| Intercure | INCR.TA | 2.11% |
| Terrascend Corp Swap Rec | n/a | 1.42% |
News
6 ETFs Up At Least 10% Last Week
Last week was eventful for the global market as it kicked off with Cyber Monday. Plus, chances of smaller Fed rate hikes in December and upbeat U.S. jobs data led to the upside in Wall Street.
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.
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 barre...
Firm Adds Its 3rd Marijuana ETF
AdvisorShares' new ETF is global in nature and can implement leverage.
THC-Lined Drinking Straws? All You Need To Know About The New Cannabis ETF $PSDN $JUSHF — Cannabis Daily November 17, 2021
Today's cannabis headlines include: Brand New Cannabis ETF starts trading today (PSDN)
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 s...
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, ...