Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) Shares Down 2.2% – What’s Next?

Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT)’s share price traded down 2.2% on Thursday . The company traded as low as $9.11 and last traded at $9.13. 69,791 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 46,302 shares. The stock had previously closed at $9.34.

Amplify Lithium& Battery Technology ETF Price Performance

The firm has a market cap of $84.91 million, a PE ratio of 9.69 and a beta of 1.26. The company has a 50-day simple moving average of $8.79 and a 200-day simple moving average of $9.02.

Institutional Investors Weigh In On Amplify Lithium& Battery Technology ETF

An institutional investor recently raised its position in Amplify Lithium& Battery Technology ETF stock. CWM LLC boosted its stake in shares of Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) by 16.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,195 shares of the company’s stock after acquiring an additional 1,602 shares during the quarter. CWM LLC owned 0.12% of Amplify Lithium& Battery Technology ETF worth $98,000 at the end of the most recent reporting period.

About Amplify Lithium& Battery Technology ETF

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite.