Amplify Alternative Harvest ETF (NYSEARCA:MJ) Stock Price Down 2.8%

Amplify Alternative Harvest ETF (NYSEARCA:MJGet Free Report)’s share price dropped 2.8% on Friday . The stock traded as low as $3.40 and last traded at $3.41. Approximately 1,130,002 shares changed hands during trading, a decline of 60% from the average daily volume of 2,793,985 shares. The stock had previously closed at $3.51.

Amplify Alternative Harvest ETF Stock Performance

The firm has a 50 day simple moving average of $3.93 and a two-hundred day simple moving average of $3.63.

Institutional Investors Weigh In On Amplify Alternative Harvest ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wealth Alliance grew its position in Amplify Alternative Harvest ETF by 9.6% in the 4th quarter. Wealth Alliance now owns 35,643 shares of the company’s stock valued at $115,000 after buying an additional 3,114 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Amplify Alternative Harvest ETF by 1.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 727,280 shares of the company’s stock worth $2,349,000 after acquiring an additional 7,169 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Amplify Alternative Harvest ETF by 801.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,713 shares of the company’s stock valued at $31,000 after acquiring an additional 8,636 shares in the last quarter. HighMark Wealth Management LLC increased its stake in shares of Amplify Alternative Harvest ETF by 207.6% during the first quarter. HighMark Wealth Management LLC now owns 14,569 shares of the company’s stock valued at $61,000 after acquiring an additional 9,832 shares during the period. Finally, Stratos Investment Management LLC acquired a new position in shares of Amplify Alternative Harvest ETF during the fourth quarter valued at approximately $33,000.

Amplify Alternative Harvest ETF Company Profile

(Get Free Report)

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.

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