Wealth Alliance Raises Holdings in Amplify Alternative Harvest ETF (NYSEARCA:MJ)

Wealth Alliance lifted its holdings in shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ) by 9.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 35,643 shares of the company’s stock after acquiring an additional 3,114 shares during the period. Wealth Alliance’s holdings in Amplify Alternative Harvest ETF were worth $115,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Stratos Investment Management LLC acquired a new stake in shares of Amplify Alternative Harvest ETF during the fourth quarter worth about $33,000. International Assets Investment Management LLC acquired a new stake in shares of Amplify Alternative Harvest ETF during the fourth quarter worth about $33,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Amplify Alternative Harvest ETF during the first quarter worth about $38,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Amplify Alternative Harvest ETF during the first quarter worth about $40,000. Finally, Two Sigma Securities LLC acquired a new stake in shares of Amplify Alternative Harvest ETF during the first quarter worth about $46,000.

Amplify Alternative Harvest ETF Price Performance

Shares of NYSEARCA:MJ opened at $3.72 on Friday. Amplify Alternative Harvest ETF has a 12-month low of $2.64 and a 12-month high of $4.70. The business has a 50 day moving average of $3.68 and a two-hundred day moving average of $3.40.

Amplify Alternative Harvest ETF 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.