Amplify Alternative Harvest ETF (MJ)

NYSEARCA: MJ · Real-Time Price · USD
2.520
-0.020 (-0.79%)
Nov 22, 2024, 4:00 PM EST - Market closed
-0.79%
Assets $178.21M
Expense Ratio 0.78%
PE Ratio n/a
Shares Out 69.20M
Dividend (ttm) $0.34
Dividend Yield 13.57%
Ex-Dividend Date Sep 27, 2024
Payout Ratio n/a
1-Year Return -19.23%
Volume 686,256
Open 2.540
Previous Close 2.540
Day's Range 2.515 - 2.590
52-Week Low 2.460
52-Week High 4.830
Beta 1.28
Holdings 28
Inception Date Dec 2, 2015

The Amplify 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 issued by Amplify Investments.

Asset Class Equity
Category Miscellaneous Sector
Stock Exchange NYSEARCA
Ticker Symbol MJ
Index Tracked Prime Alternative Harvest Index

Top 10 Holdings

87.90% of assets
Name Symbol Weight
Amplify U.S. Alternative Harvest ETF MJUS 43.40%
Tilray Brands, Inc. TLRY 7.89%
SNDL Inc. SNDL 7.19%
Innovative Industrial Properties, Inc. IIPR 7.08%
Cronos Group Inc. CRON 5.72%
Canopy Growth Corporation WEED 4.99%
Chicago Atlantic Real Estate Finance, Inc. REFI 3.52%
Aurora Cannabis Inc. ACB 3.21%
High Tide Inc. HITI 2.68%
Advanced Flower Capital Inc. AFCG 2.22%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 27, 2024 $0.060 Sep 30, 2024
Jun 27, 2024 $0.170 Jun 28, 2024
Mar 26, 2024 $0.056 Mar 28, 2024
Dec 27, 2023 $0.056 Dec 29, 2023
Sep 20, 2023 $0.030 Sep 22, 2023
Jun 21, 2023 $0.030 Jun 23, 2023
Full Dividend History

News

Cannabis stocks rally after Trump supports moving drug to less restrictive category

GOP presidential nominee Donald Trump supports Schedule III classification for cannabis, which has already been proposed by the Biden administration.

Other symbols: ACBCGCMSOSTLRY
2 months ago - Market Watch

Amplify ETFs Declares June Income Distributions for its ETFs

CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces June income distributions for its ETFs. ETF Name Ticker   Amount per Share Ex-Date Record Date Payable Date Amplify AI Powered Equity ...

5 months ago - GlobeNewsWire

DEA to Reclassify Marijuana | Daily Stock Market Wrap 4/30

The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer. On the eve of th...

Other symbols: MSOSTLRY
7 months ago - Bloomberg Markets and Finance

Mario Naric On Canada's Shakeout Phase

The Canadian cannabis industry is in a shakeout phase, with poorly run businesses struggling and the industry maturing.

7 months ago - Seeking Alpha

Biden administration to ease federal restrictions on marijuana

CNBC's Brandon Gomez joins 'Power Lunch' to discuss the Biden administration's plan to reclassify marijuana, easing federal restrictions.

Other symbols: MSOSTLRYYOLO
7 months ago - CNBC Television

Cannabis stocks rally as AP reports imminent rescheduling proposal by DEA

Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose the lowering of cannabis to a Schedule III controlled ...

Other symbols: CGCCRONMSOSTLRY
7 months ago - Market Watch

MJ: Over Diversified Cannabis ETF, But Still A Solid Pick

Amplify Alternative Harvest ETF offers diversified investments in Canadian cannabis stocks and U.S. multi-state operators. Catalysts such as a reduction in the Canadian excise tax, potential legalizat...

8 months ago - Seeking Alpha

Amplify ETFs Completes Acquisition to Reach $9.1 Billion AUM Across 31 ETFs

CHICAGO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announced today it has completed its previously announced acquisition of ETF Managers Group (ETFMG) exchange-traded fund (ETF) assets, which con...

10 months ago - GlobeNewsWire

JD Henning Cautious About 2024, An Unusual Year For Market Considerations

JD Henning discusses his approach to the market and emphasizes the importance of timing and using momentum gauges to avoid major market downturns. Investing vs trading portfolios.

11 months ago - Seeking Alpha

Investing In Cannabis? Stay Patient, Be Ready

Cannabis investors are tired of waiting and losing money, but there are still reasons to be optimistic in the long term.

11 months ago - Seeking Alpha

2024's Cannabis Investment Landscape: Top Marijuana ETFs to Consider

The cannabis industry is rapidly evolving, attracting attention from investors seeking long-term growth. As legalization spreads globally, marijuana stocks and ETFs (Exchange-Traded Funds) are becomin...

Other symbols: CNBSMSOS
1 year ago - MarijuanaStocks

Finding The Long-Term Winners In The Cannabis Sector, December 2023 Update

This article attempts to assess and rank the relative growth potential of the separate competitors in the cannabis industry. Long-term trends show projected growth in the U.S., Canadian, and global ca...

Other symbols: MSOSYOLO
1 year ago - Seeking Alpha

MJ: Can't Get Off The Ground

Investing in the cannabis industry has been challenging due to volatility and lack of federal banking reform. ETFMG Alternative Harvest ETF offers diversified exposure to the cannabis space, but timin...

1 year ago - Seeking Alpha

The Sustainability Of Cannabis Bull Run

The DEA is considering reclassifying cannabis from Schedule I to Schedule III, leading to a surge in cannabis stocks. Reclassification could lead to tax breaks, access to banking services, and more ef...

Other symbols: LFLYMSOS
1 year ago - Seeking Alpha

A key Marijuana financing bill moves forward in the U.S. Senate

Cannabis stocks are in focus after the Secure and Fair Enforcement Regulation Banking Act moved forward in the upper chamber of Congress on Wednesday. What the renegotiated SAFER means for cannabis co...

Other symbols: MSOSYOLO
1 year ago - Invezz

Cannabis stock rise as Senate committee OKs cannabis banking bill

Cannabis stocks moved up Wednesday after the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation Banking Act, now known as the SAFER Banking...

Other symbols: CGCMSOSTLRY
1 year ago - Market Watch

Cannabis banking bill looks poised to get Senate committee's OK on Sept. 27

The Senate Banking Committee looks set to vote in a week and a half to advance a much-anticipated bill that aims to make it easier for the financial industry to work with cannabis companies.

Other symbols: CGCMSOSTLRY
1 year ago - Market Watch

Marijuana Watchlist: September 2023's Standout ETFs in Cannabis

In 2023, the cannabis industry and top marijuana stocks are blazing a trail of exponential growth, presenting investors with a unique opportunity to tap into this flourishing sector. As regulatory lan...

Other symbols: CNBSMSOS
1 year ago - MarijuanaStocks

Cannabis ETFs boom as HHS recommendation to ease restrictions raises hopes for federal reform

Marijuana-related ETF's are trading higher in September after HHS recommended that the U.S. reclassify and ease restrictions on marijuana.

Other symbols: MSOS
1 year ago - CNBC

Cannabis stocks gain as banking bill finds traction in Senate, but House OK looks challenging

Cannabis stocks advanced Thursday, helped by news that a key Senate committee could soon vote to advance a widely followed bill that aims to make it easier for the financial industry to work with cann...

Other symbols: CGCMSOSTLRY
1 year ago - Market Watch

Possible cannabis reclassification fuels fund optimism

Possible cannabis reclassification fuels fund optimism.

Other symbols: CNBS
1 year ago - CNBC Television

HHS recommendation to reschedule cannabis keeps pot stocks hot, but questions remain

The move by the Drug Enforcement Administration to review the Schedule I classification for cannabis sparked a wave of speculation and mostly positive comments from Wall Street on Thursday, but many q...

Other symbols: CGCMSOSTLRY
1 year ago - Market Watch

U.S. Dept. of Health and Human Services recommends re-scheduling cannabis, as stocks in the sector rally

The U.S. Department of Health and Human Services is recommending to the U.S. Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under U.S. law ...

Other symbols: CGCMSOSTLRY
1 year ago - Market Watch

Top Cannabis ETFs: Tracking Marijuana Trends and Long-Term Possibilities for 2023

As the cannabis market grows, 2023 promises a potential picture for investors looking for the best cannabis Exchange-Traded Funds (ETFs). Overall, with changing restrictions and rising legality, these...

Other symbols: CNBSMSOS
1 year ago - MarijuanaStocks

MJ And MSOS: Likely No Immediate Reprieve

The marijuana industry has not rewarded patient investors as expected, even five years after Canadian legalization and despite hopes for federal legalization in the U.S. History shows that new industr...

Other symbols: MSOS
1 year ago - Seeking Alpha