Gerber Kawasaki Wealth & Investment Management Has $202,000 Holdings in ETFMG Alternative Harvest ETF (NYSEARCA:MJ)

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Gerber Kawasaki Wealth & Investment Management reduced its holdings in ETFMG Alternative Harvest ETF (NYSEARCA:MJ) by 12.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,740 shares of the company’s stock after selling 2,305 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in ETFMG Alternative Harvest ETF were worth $202,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MJ. J.W. Cole Advisors Inc. bought a new stake in shares of ETFMG Alternative Harvest ETF during the 2nd quarter valued at $253,000. Glassman Wealth Services raised its position in shares of ETFMG Alternative Harvest ETF by 54.5% during the 2nd quarter. Glassman Wealth Services now owns 4,822 shares of the company’s stock valued at $62,000 after acquiring an additional 1,700 shares during the last quarter. AE Wealth Management LLC bought a new stake in shares of ETFMG Alternative Harvest ETF in the 2nd quarter valued at $244,000. Essex Investment Management Co. LLC bought a new position in ETFMG Alternative Harvest ETF during the second quarter worth about $438,000. Finally, National Asset Management Inc. lifted its holdings in ETFMG Alternative Harvest ETF by 125.2% during the second quarter. National Asset Management Inc. now owns 45,397 shares of the company’s stock worth $585,000 after acquiring an additional 25,241 shares in the last quarter.

Shares of MJ traded down $0.24 on Thursday, hitting $12.51. The company’s stock had a trading volume of 11,620 shares, compared to its average volume of 856,345. The firm’s fifty day moving average price is $13.06 and its 200-day moving average price is $13.10. ETFMG Alternative Harvest ETF has a fifty-two week low of $8.81 and a fifty-two week high of $26.18.

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Institutional Ownership by Quarter for ETFMG Alternative Harvest ETF (NYSEARCA:MJ)

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