ETFMG Alternative Harvest ETF (NYSEARCA:MJ) Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in shares of ETFMG Alternative Harvest ETF (NYSEARCA:MJGet Rating) by 1,825.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,563 shares of the company’s stock after buying an additional 3,378 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in ETFMG Alternative Harvest ETF were worth $36,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MJ. Envestnet Asset Management Inc. increased its holdings in shares of ETFMG Alternative Harvest ETF by 8.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 36,941 shares of the company’s stock valued at $409,000 after purchasing an additional 2,912 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of ETFMG Alternative Harvest ETF by 260.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 40,349 shares of the company’s stock valued at $447,000 after purchasing an additional 29,156 shares during the period. AXS Investments LLC acquired a new position in shares of ETFMG Alternative Harvest ETF in the 4th quarter valued at about $122,000. Allegheny Financial Group LTD acquired a new position in shares of ETFMG Alternative Harvest ETF in the 4th quarter valued at about $78,000. Finally, Paradigm Financial Partners LLC acquired a new position in shares of ETFMG Alternative Harvest ETF in the 4th quarter valued at about $222,000.

ETFMG Alternative Harvest ETF Trading Down 5.0 %

Shares of MJ opened at $6.05 on Monday. ETFMG Alternative Harvest ETF has a fifty-two week low of $5.52 and a fifty-two week high of $17.00. The business’s 50-day moving average is $6.05 and its 200-day moving average is $7.75.

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