Royal Bank of Canada Purchases 46,015 Shares of ETFMG Alternative Harvest ETF (NYSEARCA:MJ)

Royal Bank of Canada lifted its position in shares of ETFMG Alternative Harvest ETF (NYSEARCA:MJ) by 36.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 170,638 shares of the company’s stock after acquiring an additional 46,015 shares during the quarter. Royal Bank of Canada owned approximately 0.47% of ETFMG Alternative Harvest ETF worth $5,405,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Personal Wealth Partners bought a new position in ETFMG Alternative Harvest ETF during the 2nd quarter worth approximately $25,000. Capital Investment Advisory Services LLC grew its position in shares of ETFMG Alternative Harvest ETF by 1,000.0% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 935 shares of the company’s stock worth $28,000 after buying an additional 850 shares during the last quarter. Cranbrook Wealth Management LLC bought a new stake in shares of ETFMG Alternative Harvest ETF in the 2nd quarter worth approximately $31,000. Redhawk Wealth Advisors Inc. bought a new stake in shares of ETFMG Alternative Harvest ETF in the 2nd quarter worth approximately $32,000. Finally, Doyle Wealth Management bought a new stake in shares of ETFMG Alternative Harvest ETF in the 2nd quarter worth approximately $32,000.

MJ opened at $18.65 on Friday. The business has a 50 day moving average of $23.16 and a 200-day moving average of $29.90. ETFMG Alternative Harvest ETF has a 52 week low of $18.62 and a 52 week high of $44.29.

The company also recently announced a — dividend, which was paid on Wednesday, September 25th. Stockholders of record on Monday, September 23rd were paid a $0.28 dividend. This represents a dividend yield of 4%. The ex-dividend date was Friday, September 20th.

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Institutional Ownership by Quarter for ETFMG Alternative Harvest ETF (NYSEARCA:MJ)

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