Amplify Online Retail ETF (NYSEARCA:IBUY) Shares Up 0.2%

Amplify Online Retail ETF (NYSEARCA:IBUY) shares shot up 0.2% during trading on Tuesday . The company traded as high as $55.16 and last traded at $55.05. 5,540 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 19,843 shares. The stock had previously closed at $54.93.

Amplify Online Retail ETF Stock Performance

The stock has a market capitalization of $176.65 million, a P/E ratio of 37.56 and a beta of 1.69. The stock has a 50-day simple moving average of $55.33 and a 200 day simple moving average of $54.46.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Capital Analysts LLC boosted its position in Amplify Online Retail ETF by 31.0% in the 4th quarter. Capital Analysts LLC now owns 1,210 shares of the company’s stock valued at $65,000 after buying an additional 286 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in shares of Amplify Online Retail ETF in the 1st quarter valued at $226,000. CWM LLC lifted its stake in shares of Amplify Online Retail ETF by 4.3% in the 2nd quarter. CWM LLC now owns 5,515 shares of the company’s stock valued at $304,000 after purchasing an additional 227 shares during the period. Florin Court Capital LLP acquired a new position in shares of Amplify Online Retail ETF in the 4th quarter valued at $305,000. Finally, Focus Financial Network Inc. ADV bought a new position in Amplify Online Retail ETF during the fourth quarter worth about $347,000.

Amplify Online Retail ETF Company Profile

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.