Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) Trading Up 0.7%

Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) shares were up 0.7% during trading on Thursday . The stock traded as high as $2.17 and last traded at $2.11. Approximately 29,051 shares were traded during trading, a decline of 84% from the average daily volume of 183,197 shares. The stock had previously closed at $2.09.

Amplify U.S. Alternative Harvest ETF Stock Performance

The company has a market cap of $123.27 million, a PE ratio of 13.56 and a beta of 1.43. The company has a fifty day simple moving average of $2.02 and a two-hundred day simple moving average of $1.84.

Institutional Inflows and Outflows

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

About Amplify U.S. Alternative Harvest ETF

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.