Amplify Online Retail ETF (NYSEARCA:IBUY) Position Reduced by Tucker Asset Management LLC

Tucker Asset Management LLC lowered its stake in Amplify Online Retail ETF (NYSEARCA:IBUY) by 34.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 556 shares of the company’s stock after selling 291 shares during the period. Tucker Asset Management LLC’s holdings in Amplify Online Retail ETF were worth $30,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Focus Financial Network Inc. ADV bought a new stake in Amplify Online Retail ETF in the fourth quarter valued at about $347,000. Florin Court Capital LLP bought a new position in Amplify Online Retail ETF during the 4th quarter worth approximately $305,000. Finally, Capital Analysts LLC grew its position in shares of Amplify Online Retail ETF by 31.0% in the 4th quarter. Capital Analysts LLC now owns 1,210 shares of the company’s stock worth $65,000 after acquiring an additional 286 shares in the last quarter.

Amplify Online Retail ETF Trading Down 1.5 %

IBUY stock opened at $54.71 on Monday. The stock’s 50 day simple moving average is $55.04 and its 200 day simple moving average is $54.04. Amplify Online Retail ETF has a 12-month low of $40.56 and a 12-month high of $59.26. The firm has a market cap of $172.34 million, a P/E ratio of 37.56 and a beta of 1.69.

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.