(CNBS) Amplify Seymour Cannabis - Ratings and Ratios

The Amplify Seymour Cannabis ETF (NYSE ARCA: CNBS) is a targeted exchange-traded fund designed to provide exposure to U.S. companies operating in the cannabis and hemp industries. Under normal market conditions, the fund invests at least 80% of its net assets in securities of U.S. firms that generate 50% or more of their revenue from the cannabis and hemp ecosystem. This includes direct industry participants and companies providing goods and services to the sector. The fund may also invest in derivatives that economically resemble direct holdings in these securities.

As a non-diversified fund, CNBS can allocate a greater proportion of its assets to a smaller number of holdings, which may amplify exposure to sector-specific risks and opportunities. The fund is managed by Amplify Investments LLC, which employs an active approach to select companies poised to benefit from the growth and evolution of the U.S. cannabis and hemp markets.

Based on the provided data, CNBS is currently trading at $19.33, below its 20-day and 50-day moving averages of $20.92 and $21.98, respectively. The 200-day moving average stands at $31.65, indicating a downtrend over the past year. The funds average trading volume over the past 20 days is approximately 50,415 shares, with an average true range (ATR) of 0.71, suggesting moderate volatility. CNBS has total assets under management (AUM) of $68.88 million, reflecting its niche focus within the cannabis sector.