Amplify Alternative Harvest ETF (NYSEARCA:MJ) Trading Up 4.6% – Here’s Why

Posted by Linda Flegge on Aug 12th, 2026

Amplify Alternative Harvest ETF (NYSEARCA:MJ – Get Free Report) shares rose 4.6% during mid-day trading on Tuesday . The stock traded as high as $24.82 and last traded at $24.76. 43,108 shares were traded during mid-day trading, an increase of 2% from the average session volume of 42,310 shares. The stock had previously closed at $23.67.

Amplify Alternative Harvest ETF Stock Performance

The company has a market cap of $109.44 million, a PE ratio of 16.86 and a beta of 1.14. The stock’s 50-day simple moving average is $24.40 and its 200 day simple moving average is $25.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MJ. PenderFund Capital Management Ltd. purchased a new position in Amplify Alternative Harvest ETF during the fourth quarter worth about $36,000. Kestra Advisory Services LLC purchased a new stake in Amplify Alternative Harvest ETF in the 4th quarter valued at approximately $60,000. Raymond James Financial Inc. purchased a new stake in Amplify Alternative Harvest ETF in the 2nd quarter valued at approximately $58,000. Marex Group plc increased its position in Amplify Alternative Harvest ETF by 68.0% during the 4th quarter. Marex Group plc now owns 10,007 shares of the company’s stock worth $298,000 after purchasing an additional 4,050 shares during the period. Finally, Group One Trading LLC acquired a new position in Amplify Alternative Harvest ETF during the 3rd quarter worth approximately $379,000.

Amplify Alternative Harvest ETF Company Profile

(Get Free Report)

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.