Bullish Analyst Chatter Didn’t Move Marijuana ETF

MarketsETF Trends

This article was originally published on ETFTrends.com.

The ETFMG Alternative Harvest ETF (NYSEArca: MJ) traded slightly lower Thursday despite Bank of America Merrill Lynch initiating coverage of some of the cannabis exchange traded fund’s (ETF) marquee holdings with Buy ratings. MJ seeks to provide investment results that correspond generally to the total return performance of the Prime Alternative Harvest Index. The index [...]

Continue Reading Below

Read more at ETFTrends.com >