Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Shares Up 0.7% – Here’s Why

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) was up 0.7% during trading on Friday . The company traded as high as $25.69 and last traded at $25.62. Approximately 893 shares traded hands during trading, a decline of 94% from the average session volume of 15,038 shares. The stock had previously closed at $25.45.

Amplify Seymour Cannabis ETF Price Performance

The firm’s 50 day simple moving average is $27.34 and its 200 day simple moving average is $25.97. The stock has a market capitalization of $72.76 million, a PE ratio of 17.73 and a beta of 1.14.

Institutional Investors Weigh In On Amplify Seymour Cannabis ETF

Institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC increased its stake in Amplify Seymour Cannabis ETF by 4.3% in the 3rd quarter. Tidal Investments LLC now owns 3,146,879 shares of the company’s stock worth $93,053,000 after purchasing an additional 130,781 shares during the period. Jane Street Group LLC increased its stake in shares of Amplify Seymour Cannabis ETF by 46.7% in the fourth quarter. Jane Street Group LLC now owns 69,304 shares of the company’s stock worth $1,966,000 after buying an additional 22,070 shares during the period. LPL Financial LLC raised its holdings in Amplify Seymour Cannabis ETF by 15.9% during the 4th quarter. LPL Financial LLC now owns 25,499 shares of the company’s stock valued at $723,000 after buying an additional 3,489 shares during the last quarter. Finally, Simplex Trading LLC raised its holdings in Amplify Seymour Cannabis ETF by 844.6% during the 4th quarter. Simplex Trading LLC now owns 869 shares of the company’s stock valued at $25,000 after buying an additional 777 shares during the last quarter.

Amplify Seymour Cannabis ETF Company Profile

The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.