RIA Advisory Group LLC Makes New $105,000 Investment in Amplify Alternative Harvest ETF (NYSEARCA:MJ)

RIA Advisory Group LLC purchased a new stake in shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,400 shares of the company’s stock, valued at approximately $105,000.

Other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its stake in shares of Amplify Alternative Harvest ETF by 32.0% during the third quarter. Janney Montgomery Scott LLC now owns 136,549 shares of the company’s stock valued at $498,000 after buying an additional 33,140 shares during the period. Raymond James & Associates increased its stake in shares of 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 period. Stratos Investment Management LLC purchased a new position in Amplify Alternative Harvest ETF in the fourth quarter valued at about $33,000. Vontobel Holding Ltd. purchased a new position in Amplify Alternative Harvest ETF in the third quarter valued at about $142,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Amplify Alternative Harvest ETF by 3.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 108,156 shares of the company’s stock valued at $395,000 after purchasing an additional 4,025 shares during the last quarter.

Amplify Alternative Harvest ETF Trading Down 1.8 %

MJ opened at $3.73 on Friday. The business’s 50-day moving average is $3.68 and its two-hundred day moving average is $3.40. Amplify Alternative Harvest ETF has a 1 year low of $2.64 and a 1 year high of $4.70.

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.