Category Archives: ETF

Marijuana ETF alters back-office players after changes, questions over bank’s role

An exchange-traded fund that invests in marijuana companies is changing its custodian, administrator and transfer agent after major changes at the ETF and questions about a bank’s role in the investment vehicle. The $560 million ETFMG Alternative Harvest ETF – which trades under the symbol MJ – previously had U.S. Bancorp perform those duties. The bank […]