Florin Court Capital LLP Invests $696,000 in Amplify Alternative Harvest ETF $MJ

Florin Court Capital LLP acquired a new stake in Amplify Alternative Harvest ETF (NYSEARCA:MJ) in the 3rd quarter, Holdings Channel reports. The fund acquired 18,622 shares of the company’s stock, valued at approximately $696,000.

Several other large investors also recently bought and sold shares of MJ. Jane Street Group LLC increased its stake in Amplify Alternative Harvest ETF by 42.3% during the 1st quarter. Jane Street Group LLC now owns 182,616 shares of the company’s stock valued at $3,561,000 after purchasing an additional 54,316 shares in the last quarter. Simplex Trading LLC lifted its stake in shares of Amplify Alternative Harvest ETF by 79.3% during the second quarter. Simplex Trading LLC now owns 2,858 shares of the company’s stock worth $51,000 after buying an additional 1,264 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Amplify Alternative Harvest ETF during the second quarter valued at $58,000. Wedmont Private Capital acquired a new position in shares of Amplify Alternative Harvest ETF in the 3rd quarter valued at $283,000. Finally, Vontobel Holding Ltd. acquired a new position in shares of Amplify Alternative Harvest ETF in the 3rd quarter valued at $307,000.

Amplify Alternative Harvest ETF Stock Performance

Shares of MJ opened at $28.20 on Wednesday. The stock has a 50-day moving average of $29.60 and a two-hundred day moving average of $30.44. Amplify Alternative Harvest ETF has a one year low of $16.11 and a one year high of $46.75. The stock has a market cap of $142.97 million, a P/E ratio of 16.86 and a beta of 1.24.

Amplify Alternative Harvest ETF Company Profile

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. MJ was launched on Dec 2, 2015 and is managed by ETF Managers Group.