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MJ ETF Price & Analysis

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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.

Etfmg Alternative Harvest Etf (MJ) Fund Flow Chart

Etfmg Alternative Harvest Etf (MJ) 1 year Net Flows: $5M

MJ ETF FAQ

What was MJ’s price range in the past 12 months?
MJ lowest ETF price was $22.48 and its highest was $57.96 in the past 12 months.
    What is the AUM of MJ?
    As of Feb 27, 2025 The AUM of MJ is 134.32M.
      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 1.33%. 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?
            Among the largest hedge funds holding MJ’s share is Raffles Associates Lp. It holds MJ’s shares valued at 14M.

              Top 10 Holdings

              Name
              Weight %
              Amplify Seymour Cannabis ETF
              53.49%
              Tilray
              13.73%
              Sndl Inc.
              8.26%
              Cronos Group (US)
              7.75%
              Aurora Cannabis (US)
              5.47%
              Canopy Growth
              4.04%
              Short Term Investments Trust Government & Agency Portfolio Institutional
              3.54%
              High Tide, Inc.
              3.52%
              OrganiGram Holdings
              2.00%
              Village Farms International (Otc)
              1.44%
              Total103.24%
              See All Holdings
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