Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) Stock Price Up 1.1%

Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) shares traded up 1.1% on Friday . The company traded as high as $1.85 and last traded at $1.80. 40,261 shares were traded during trading, a decline of 87% from the average session volume of 314,649 shares. The stock had previously closed at $1.78.

Amplify U.S. Alternative Harvest ETF Price Performance

The stock’s 50 day simple moving average is $2.06 and its two-hundred day simple moving average is $1.90. The stock has a market cap of $105.79 million, a price-to-earnings ratio of 15.09 and a beta of 1.22.

Institutional Investors Weigh In On Amplify U.S. Alternative Harvest ETF

A hedge fund recently bought a new stake in Amplify U.S. Alternative Harvest ETF stock. Commonwealth Equity Services LLC bought a new stake in Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 23,190 shares of the company’s stock, valued at approximately $43,000.

Amplify U.S. Alternative Harvest ETF Company Profile

The ETFMG U.S. Alternative Harvest ETF (MJUS) is an exchange-traded fund that is based on the Prime U.S. Alternative Harvest index. The fund is an actively managed portfolio of US stocks or swap contracts related to the cannabis industry. MJUS was launched on May 12, 2021 and is managed by ETF Managers Group.