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

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) was up 0.7% on Friday . The company traded as high as $25.69 and last traded at $25.62. Approximately 893 shares changed hands 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 Stock Performance

The firm has a fifty day simple moving average of $27.34 and a 200-day simple moving average of $25.97. The company has a market capitalization of $72.76 million, a PE ratio of 17.73 and a beta of 1.14.

Institutional Trading of Amplify Seymour Cannabis ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CNBS. Jane Street Group LLC increased its stake in shares of Amplify Seymour Cannabis ETF by 46.7% in the fourth 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 last quarter. Simplex Trading LLC boosted its stake in Amplify Seymour Cannabis ETF by 844.6% during the 4th quarter. Simplex Trading LLC now owns 869 shares of the company’s stock valued at $25,000 after acquiring an additional 777 shares during the last quarter. LPL Financial LLC boosted its stake in Amplify Seymour Cannabis ETF by 15.9% during the 4th quarter. LPL Financial LLC now owns 25,499 shares of the company’s stock valued at $723,000 after acquiring an additional 3,489 shares during the last quarter. Finally, Tidal Investments LLC boosted its stake in Amplify Seymour Cannabis ETF by 4.3% during the 3rd quarter. Tidal Investments LLC now owns 3,146,879 shares of the company’s stock valued at $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.