MML Investors Services LLC Sells 5,280 Shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ)

MML Investors Services LLC reduced its stake in shares of Amplify Alternative Harvest ETF (NYSEARCA:MJ) by 24.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,619 shares of the company’s stock after selling 5,280 shares during the quarter. MML Investors Services LLC’s holdings in Amplify Alternative Harvest ETF were worth $55,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MJ. Pekin Hardy Strauss Inc. acquired a new stake in Amplify Alternative Harvest ETF in the second quarter valued at approximately $42,000. International Assets Investment Management LLC lifted its holdings in shares of Amplify Alternative Harvest ETF by 31.5% in the 2nd quarter. International Assets Investment Management LLC now owns 13,495 shares of the company’s stock worth $45,000 after purchasing an additional 3,236 shares in the last quarter. AlTi Global Inc. bought a new position in Amplify Alternative Harvest ETF in the 2nd quarter valued at about $47,000. Mesirow Financial Investment Management Inc. lifted its stake in Amplify Alternative Harvest ETF by 24.9% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 15,931 shares of the company’s stock valued at $53,000 after acquiring an additional 3,181 shares in the last quarter. Finally, CreativeOne Wealth LLC increased its stake in Amplify Alternative Harvest ETF by 16.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 30,194 shares of the company’s stock valued at $100,000 after buying an additional 4,183 shares during the last quarter.

Amplify Alternative Harvest ETF Stock Performance

Shares of MJ stock opened at $2.23 on Friday. The company has a 50 day moving average of $2.70 and a 200-day moving average of $3.15. Amplify Alternative Harvest ETF has a 12-month low of $2.18 and a 12-month high of $4.83.

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.