Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) Shares Down 0.2% – Should You Sell?

Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN)’s stock price dropped 0.2% during mid-day trading on Monday . The stock traded as low as $22.41 and last traded at $22.47. Approximately 2,522 shares traded hands during trading, an increase of 10% from the average session volume of 2,302 shares. The stock had previously closed at $22.51.

Amplify BlackSwan ISWN ETF Stock Performance

The firm has a 50 day moving average of $22.21 and a 200-day moving average of $22.07.

Institutional Investors Weigh In On Amplify BlackSwan ISWN ETF

An institutional investor recently bought a new position in Amplify BlackSwan ISWN ETF stock. NewEdge Advisors LLC purchased a new position in Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 28,550 shares of the company’s stock, valued at approximately $589,000. NewEdge Advisors LLC owned approximately 1.81% of Amplify BlackSwan ISWN ETF as of its most recent SEC filing.

Amplify BlackSwan ISWN ETF Company Profile

The Amplify BlackSwan ISWN ETF (ISWN) is an exchange-traded fund that is based on the S-Network International BlackSwan index. The fund tracks an index of two low-correlated assets: international developed equity markets and US Treasurys. The fund uses LEAP options to execute its strategy. ISWN was launched on Jan 26, 2021 and is managed by Amplify.