tiprankstipranks

MJ Price & Analysis

Compare

MJ ETF Chart & Stats

ETF Overview

Etfmg Alternative Harvest Etf

The ETFMG Alternative Harvest ETF (Ticker: MJ) is a pioneering investment vehicle that offers investors exposure to the burgeoning cannabis industry. As a sector-focused exchange-traded fund, MJ is uniquely positioned in the thematic investment landscape, concentrating exclusively on the cannabis niche. This ETF is designed for those seeking to capitalize on the rapid growth of legal cannabis markets, which encompass medical, recreational, and ancillary businesses worldwide. MJ provides a diversified portfolio of companies engaged in various segments of the cannabis market, including cultivators, manufacturers, and distributors of cannabis products, as well as firms providing essential services and infrastructure to the industry. With increasing global acceptance and legalization, the cannabis sector presents a compelling growth opportunity, and MJ is at the forefront, allowing investors to tap into this dynamic and evolving market. The fund's comprehensive approach not only mitigates single-stock risks but also offers exposure to the potential long-term gains as the industry matures and expands. MJ stands out for its strategic focus, offering investors a targeted way to participate in the cannabis revolution, making it a noteworthy consideration for those interested in thematic and sector-specific investment opportunities.
Asset Class
Equity
Region
Global
Issuer
Amplify
Index Tracked
Prime Alternative Harvest Index
Ticker Symbol
MJ

Etfmg Alternative Harvest Etf (MJ) Fund Flow Chart

Etfmg Alternative Harvest Etf (MJ) 1 year Net Flows: $2M

MJ ETF FAQ

What was MJ’s price range in the past 12 months?
MJ lowest ETF price was $2.07 and its highest was $4.83 in the past 12 months.
    What is the AUM of MJ?
    As of Jan 28, 2025 The AUM of MJ is 143.64M.
      Is MJ overvalued?
      According to Wall Street analysts MJ’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does MJ pay dividends?
        MJ pays a Thriceyearly dividend of $0.024 which represents an annual dividend yield of 14.76%. See more information on MJ dividends here
          How many shares outstanding does MJ have?
          MJ has 69,200,000 shares outstanding.
            Which hedge fund is a major shareholder of MJ?
            Currently, no hedge funds are holding shares in MJ

            Top 10 Holdings

            Name
            Weight %
            ETFMG U.S. Alternative Harvest ETF
            40.50%
            Tilray
            8.08%
            Sndl Inc.
            7.66%
            Cronos Group (US)
            6.43%
            Innovative Industrial Properties
            5.65%
            Chicago Atlantic Real Estate Finance, Inc.
            4.09%
            High Tide, Inc.
            3.48%
            Aurora Cannabis (US)
            3.39%
            Canopy Growth
            3.29%
            Afc Gamma, Inc.
            2.33%
            Total84.90%
            See All Holdings
            Popular ETFs
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis