Frequent question: What is MJ ETF?

MJ is the first cannabis-focused ETF to trade in the US. The fund tracks an index of stocks across the globe that are engaged in the legal cultivation, production, marketing or distribution of cannabis products for either medical or nonmedical purposes. … The index is reconstituted and rebalanced quarterly.

What companies are MJ ETF?

Top 25 Holdings

Company Symbol Total Net Assets
Philip Morris International Inc. PM 3.25%
Altria Group Inc. MO 3.22%
Aurora Cannabis Inc. ACB 3.21%
Scotts Miracle-Gro Co. SMG 2.96%

Who owns MJ stock?

Top 10 Holdings

Name % Total Assets Shares Held
CANOPY GROWTH CORP 7.08% 5,037,557
CRONOS GROUP INC 6.25% 11,647,809
AURORA CANNABIS INC 6.14% 11,417,074
ORGANIGRAM HLDGS INC 4.53% 22,928,109

What is MJ ETF dividend?

MJ Dividend History

03/17/2020 CASH $0.10
12/30/2019 CASH $0.32
09/20/2019 CASH $0.28
06/28/2019 CASH $0.18

What does MJ stand for in stocks?

MJ – ETFMG Alternative Harvest ETF.

Do ETFS pay dividends?

Here we road test the best Australian dividend ETFs and global dividend ETFs listed on the ASX.

Best Australian high dividend ETFs.

1 Year Total Return 41.13%
3 Year Total Return (P.A.) 5.32%
5 Year Total Return (P.A.) 6.70%
Dividend Yield 4.28%

Is it smart to invest in medical Marijuanas?

Investing in the medical marijuana sector is relatively risky as long as cannabis remains federally illegal in the U.S. The plant’s federal status also constrains the growth of the sector, and investors have no guarantee that the federal government will continue to allow states to treat cannabis as legal.

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Does MJ give dividends?

Component Grades

MJ’s dividend yield currently ranks #60 of 143 vs. its peers in the Global Equities ETFs category.

Does Yolo pay a dividend?

YOLO does not currently pay a dividend.

Does Jets pay a dividend?

U.S. Global Jets ETF pays an annual dividend of $0.01 per share, with a dividend yield of 0.04%.

Investments are simple