Amplify Online Retail ETF (NYSEARCA:IBUY) Shares Down 1.1% – Should You Sell?

Amplify Online Retail ETF (NYSEARCA:IBUY)’s stock price was down 1.1% during trading on Tuesday . The stock traded as low as $69.11 and last traded at $69.12. 2,662 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 16,274 shares. The stock had previously closed at $69.87.

Amplify Online Retail ETF Stock Down 1.1%

The company has a 50-day moving average price of $67.05 and a 200-day moving average price of $68.31. The firm has a market capitalization of $120.96 million, a price-to-earnings ratio of 23.29 and a beta of 1.46.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Horizon Investments LLC acquired a new position in shares of Amplify Online Retail ETF during the third quarter valued at $56,000. Larson Financial Group LLC acquired a new stake in Amplify Online Retail ETF in the fourth quarter worth about $76,000. Flagship Harbor Advisors LLC acquired a new stake in Amplify Online Retail ETF in the fourth quarter worth about $93,000. Kestra Advisory Services LLC bought a new position in Amplify Online Retail ETF in the 4th quarter valued at about $147,000. Finally, Ausdal Financial Partners Inc. bought a new position in Amplify Online Retail ETF in the 3rd quarter valued at about $209,000.

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.