Harbour Investments Inc. Decreases Stake in Amplify Online Retail ETF $IBUY

Harbour Investments Inc. reduced its stake in Amplify Online Retail ETF (NYSEARCA:IBUY) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,611 shares of the company’s stock after selling 184 shares during the period. Harbour Investments Inc.’s holdings in Amplify Online Retail ETF were worth $180,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IBUY. Golden State Wealth Management LLC purchased a new position in Amplify Online Retail ETF in the 1st quarter worth approximately $36,000. Nations Financial Group Inc. IA ADV purchased a new position in Amplify Online Retail ETF in the 1st quarter worth approximately $206,000. Cookson Peirce & Co. Inc. purchased a new position in Amplify Online Retail ETF in the 1st quarter worth approximately $237,000. Moran Wealth Management LLC purchased a new position in Amplify Online Retail ETF in the 1st quarter worth approximately $274,000. Finally, CWM LLC increased its stake in Amplify Online Retail ETF by 25.7% in the 1st quarter. CWM LLC now owns 5,295 shares of the company’s stock worth $318,000 after purchasing an additional 1,082 shares during the period.

Amplify Online Retail ETF Price Performance

Shares of Amplify Online Retail ETF stock opened at $74.29 on Thursday. The stock has a market capitalization of $156.01 million, a P/E ratio of 23.29 and a beta of 1.48. Amplify Online Retail ETF has a one year low of $51.60 and a one year high of $79.05. The business’s 50 day simple moving average is $75.04 and its two-hundred day simple moving average is $69.33.

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.