Tower Research Capital LLC TRC Increases Stock Position in Amplify Alternative Harvest ETF (NYSEARCA:MJ)

Tower Research Capital LLC TRC lifted its holdings in Amplify Alternative Harvest ETF (NYSEARCA:MJ) by 801.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,713 shares of the company’s stock after buying an additional 8,636 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Amplify Alternative Harvest ETF were worth $31,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MJ. Raymond James & Associates raised its stake in Amplify Alternative Harvest ETF by 502.7% during the fourth quarter. Raymond James & Associates now owns 534,122 shares of the company’s stock valued at $1,725,000 after buying an additional 445,505 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Amplify Alternative Harvest ETF by 28.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 720,111 shares of the company’s stock worth $2,628,000 after purchasing an additional 159,755 shares in the last quarter. JW Asset Management LLC bought a new position in Amplify Alternative Harvest ETF in the 4th quarter worth about $413,000. Florin Court Capital LLP purchased a new stake in Amplify Alternative Harvest ETF during the 3rd quarter valued at about $128,000. Finally, International Assets Investment Management LLC bought a new stake in Amplify Alternative Harvest ETF during the 4th quarter valued at about $107,000.

Amplify Alternative Harvest ETF Trading Up 0.2 %

Shares of Amplify Alternative Harvest ETF stock traded up $0.01 during trading on Friday, hitting $4.24. 1,754,685 shares of the company’s stock traded hands, compared to its average volume of 3,302,908. Amplify Alternative Harvest ETF has a 1 year low of $2.64 and a 1 year high of $4.83. The business has a 50-day simple moving average of $3.79 and a 200-day simple moving average of $3.45.

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.