Shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ – Get Free Report) were down 1.3% during trading on Tuesday. The stock traded as low as $22.66 and last traded at $22.73. Approximately 13,820 shares changed hands during trading, a decline of 67% from the average session volume of 41,286 shares. The stock had previously closed at $23.04.
Amplify Alternative Harvest ETF Stock Down 1.3%
The company has a market capitalization of $99.33 million, a price-to-earnings ratio of 16.86 and a beta of 1.15. The company’s 50 day simple moving average is $25.48 and its two-hundred day simple moving average is $25.22.
Institutional Trading of Amplify Alternative Harvest ETF
A hedge fund recently raised its stake in Amplify Alternative Harvest ETF stock. Cetera Investment Advisers raised its holdings in Amplify Alternative Harvest ETF (NYSEARCA:MJ – Free Report) by 4.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,028 shares of the company’s stock after buying an additional 680 shares during the quarter. Cetera Investment Advisers owned about 0.32% of Amplify Alternative Harvest ETF worth $369,000 at the end of the most recent reporting period.
Amplify Alternative Harvest ETF Company Profile
The ETFMG Alternative Harvest ETF (MJ) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund tracks an index of global firms engaged in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products. The portfolio is weighted by market cap or equally based on a proprietary system. MJ was launched on Dec 2, 2015 and is managed by ETF Managers Group.
Featured Articles
- Five stocks we like better than Amplify Alternative Harvest ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for Amplify Alternative Harvest ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Alternative Harvest ETF and related companies with MarketBeat.com's FREE daily email newsletter.
