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MJUS (ETFMG U.S. Alternative Harvest ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential opportunities and trends in this space. The Janus Henderson AAA CLO ETF (JAAA) invests in AAA tranches of CLOs, providing lower risk through diversification and predictable outcomes, according to John Bowman. Stratos Capital Partners views the Vanguard Extended Duration Treasury ETF (EDV) as attractive for its high-yield and potential bond price appreciation as interest rates decline.
CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs, a leading provider of exchange traded funds, today announced the scheduled liquidation of the Amplify U.S. Alternative Harvest ETF (NYSE Arca: MJUS) (the “Fund”). Based on the recommendation of Amplify Investments LLC, the Fund's investment adviser, the Board of Trustees of the Amplify ETF Trust unanimously determined that it is in the best interests of the Fund and its shareholders to liquidate the Fund.
Wall Street registered the best week of the year for major indexes.
President Biden and the DOJ have officially announced the rescheduling of cannabis to Schedule III, sparking increased activity in cannabis stocks. The MJUS ETF focuses on US-based cannabis firms and has a high concentration in top operators. Rescheduling may have significant implications for cannabis companies, including the potential for normalized tax rates and increased earnings.
Digging into the first quarter's earnings season allows us to uncover the winning themes of the period as captured by ETFs.
Amplify Alternative Harvest ETF offers diversified investments in Canadian cannabis stocks and U.S. multi-state operators. Catalysts such as a reduction in the Canadian excise tax, potential legalization in Florida, and U.S. cannabis rescheduling could benefit the cannabis sector and, thus, this ETF.
As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year.
Cannabis stocks soared this year after the Department of Health and Human Services asked the US Drug Enforcement Administration to start reviewing its classification of cannabis from Schedule I to Schedule III. Positive developments are happening in Germany also.