Amplify Alternative Harvest ETF (NYSEARCA:MJ) Stock Price Up 0.9% – What’s Next?

Amplify Alternative Harvest ETF (NYSEARCA:MJ) traded up 0.9% on Friday . The stock traded as high as $3.27 and last traded at $3.25. 173,207 shares were traded during mid-day trading, a decline of 91% from the average session volume of 1,920,543 shares. The stock had previously closed at $3.22.

Amplify Alternative Harvest ETF Trading Up 0.9 %

The stock has a 50 day moving average of $3.30 and a 200-day moving average of $3.59.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MJ. International Assets Investment Management LLC raised its position in Amplify Alternative Harvest ETF by 31.5% during the 2nd quarter. International Assets Investment Management LLC now owns 13,495 shares of the company’s stock valued at $45,000 after purchasing an additional 3,236 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new stake in shares of Amplify Alternative Harvest ETF in the second quarter valued at about $42,000. Signature Estate & Investment Advisors LLC purchased a new stake in Amplify Alternative Harvest ETF in the second quarter worth about $152,000. Commonwealth Equity Services LLC increased its position in Amplify Alternative Harvest ETF by 1.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 252,953 shares of the company’s stock valued at $840,000 after purchasing an additional 4,262 shares during the period. Finally, AlTi Global Inc. bought a new stake in shares of Amplify Alternative Harvest ETF in the 2nd quarter valued at about $47,000.

About Amplify Alternative Harvest ETF

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.