Mid Atlantic Financial Management Inc. ADV bought a new position in ETFMG Alternative Harvest ETF (NYSEARCA:MJ) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 8,123 shares of the company’s stock, valued at approximately $295,000.
Several other hedge funds have also recently modified their holdings of the business. Advisory Services Network LLC lifted its stake in shares of ETFMG Alternative Harvest ETF by 112.8% during the 4th quarter. Advisory Services Network LLC now owns 1,013 shares of the company’s stock worth $25,000 after purchasing an additional 537 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of ETFMG Alternative Harvest ETF during the 1st quarter worth $26,000. G&S Capital LLC lifted its stake in shares of ETFMG Alternative Harvest ETF by 67.7% during the 1st quarter. G&S Capital LLC now owns 743 shares of the company’s stock worth $27,000 after purchasing an additional 300 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in ETFMG Alternative Harvest ETF during the 4th quarter valued at about $29,000. Finally, Horrell Capital Management Inc. increased its position in ETFMG Alternative Harvest ETF by 100.0% during the 1st quarter. Horrell Capital Management Inc. now owns 800 shares of the company’s stock valued at $29,000 after buying an additional 400 shares in the last quarter.
Shares of MJ stock traded down $0.78 during mid-day trading on Friday, reaching $31.17. The stock had a trading volume of 426,800 shares, compared to its average volume of 783,647. ETFMG Alternative Harvest ETF has a 1-year low of $23.01 and a 1-year high of $45.40.
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See Also: Risk Tolerance
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