Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Stock Price Up 0.4% – What’s Next?

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS)’s stock price rose 0.4% during mid-day trading on Friday . The stock traded as high as $21.20 and last traded at $20.98. Approximately 1,140 shares traded hands during trading, a decline of 96% from the average daily volume of 28,702 shares. The stock had previously closed at $20.89.

Amplify Seymour Cannabis ETF Price Performance

The company has a market cap of $78.47 million, a PE ratio of 17.73 and a beta of 1.21. The stock has a fifty day moving average price of $26.87 and a 200-day moving average price of $22.94.

Hedge Funds Weigh In On Amplify Seymour Cannabis ETF

An institutional investor recently raised its position in Amplify Seymour Cannabis ETF stock. Magnus Financial Group LLC grew its holdings in Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) by 31.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,227 shares of the company’s stock after purchasing an additional 3,150 shares during the period. Magnus Financial Group LLC owned about 0.35% of Amplify Seymour Cannabis ETF worth $391,000 as of its most recent SEC filing.

Amplify Seymour Cannabis ETF Company Profile

The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.