Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Trading Up 0.7% – Here’s What Happened

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS)’s stock price traded up 0.7% on Friday . The stock traded as high as $25.69 and last traded at $25.62. 893 shares were traded during trading, a decline of 94% from the average daily volume of 15,038 shares. The stock had previously closed at $25.45.

Amplify Seymour Cannabis ETF Trading Up 0.7%

The stock has a market capitalization of $72.76 million, a PE ratio of 17.73 and a beta of 1.14. The business’s 50-day moving average is $27.34 and its two-hundred day moving average is $25.97.

Hedge Funds Weigh In On Amplify Seymour Cannabis ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in Amplify Seymour Cannabis ETF by 46.7% during the 4th quarter. Jane Street Group LLC now owns 69,304 shares of the company’s stock worth $1,966,000 after buying an additional 22,070 shares during the period. Simplex Trading LLC grew its stake in shares of Amplify Seymour Cannabis ETF by 844.6% during the fourth quarter. Simplex Trading LLC now owns 869 shares of the company’s stock valued at $25,000 after acquiring an additional 777 shares in the last quarter. LPL Financial LLC increased its position in shares of Amplify Seymour Cannabis ETF by 15.9% during the fourth quarter. LPL Financial LLC now owns 25,499 shares of the company’s stock worth $723,000 after acquiring an additional 3,489 shares during the last quarter. Finally, Tidal Investments LLC increased its position in shares of Amplify Seymour Cannabis ETF by 4.3% during the third quarter. Tidal Investments LLC now owns 3,146,879 shares of the company’s stock worth $93,053,000 after acquiring an additional 130,781 shares during the last quarter.

About Amplify Seymour Cannabis ETF

The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.