33,165 Shares in Amplify Alternative Harvest ETF (NYSEARCA:MJ) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 33,165 shares of the company’s stock, valued at approximately $107,000.

Several other hedge funds also recently modified their holdings of the business. Raymond James & Associates raised its position in shares of Amplify Alternative Harvest ETF by 11.5% during the third quarter. Raymond James & Associates now owns 88,617 shares of the company’s stock valued at $323,000 after buying an additional 9,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Amplify Alternative Harvest ETF by 3.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 108,156 shares of the company’s stock valued at $395,000 after acquiring an additional 4,025 shares during the period. Stratos Wealth Partners LTD. raised its holdings 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 valued at $2,628,000 after acquiring an additional 159,755 shares in the last quarter. Simplex Trading LLC lifted its position in shares of Amplify Alternative Harvest ETF by 28.1% in the 3rd quarter. Simplex Trading LLC now owns 57,809 shares of the company’s stock worth $211,000 after acquiring an additional 12,697 shares during the period. Finally, Florin Court Capital LLP bought a new stake in shares of Amplify Alternative Harvest ETF in the 3rd quarter worth approximately $128,000.

Amplify Alternative Harvest ETF Stock Performance

MJ opened at $3.83 on Tuesday. The stock’s 50 day simple moving average is $3.71 and its 200-day simple moving average is $3.42. 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.