Amplify Online Retail ETF $IBUY Stock Position Decreased by SFI Advisors LLC

SFI Advisors LLC trimmed its position in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 5.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 68,254 shares of the company’s stock after selling 3,711 shares during the period. Amplify Online Retail ETF accounts for approximately 3.3% of SFI Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. SFI Advisors LLC’s holdings in Amplify Online Retail ETF were worth $4,712,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Flow Traders U.S. LLC raised its position in Amplify Online Retail ETF by 406.5% during the first quarter. Flow Traders U.S. LLC now owns 41,023 shares of the company’s stock valued at $2,467,000 after acquiring an additional 32,923 shares in the last quarter. Swisher Financial Concepts Inc. acquired a new position in shares of Amplify Online Retail ETF during the 2nd quarter worth $331,000. Moran Wealth Management LLC increased its stake in shares of Amplify Online Retail ETF by 88.4% during the 2nd quarter. Moran Wealth Management LLC now owns 8,567 shares of the company’s stock worth $591,000 after purchasing an additional 4,019 shares during the last quarter. Cookson Peirce & Co. Inc. bought a new position in shares of Amplify Online Retail ETF during the 1st quarter valued at $237,000. Finally, Florin Court Capital LLP lifted its stake in shares of Amplify Online Retail ETF by 66.7% in the 2nd quarter. Florin Court Capital LLP now owns 8,842 shares of the company’s stock valued at $610,000 after purchasing an additional 3,538 shares during the last quarter.

Amplify Online Retail ETF Trading Down 2.1%

Shares of NYSEARCA:IBUY opened at $70.56 on Tuesday. The stock has a market capitalization of $148.18 million, a PE ratio of 23.29 and a beta of 1.52. Amplify Online Retail ETF has a 1 year low of $51.60 and a 1 year high of $79.05. The firm has a fifty day moving average price of $74.98 and a 200 day moving average price of $71.56.

About Amplify Online Retail ETF

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.