Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.03 and traded as high as $9.35. Amplify Lithium& Battery Technology ETF shares last traded at $9.26, with a volume of 42,545 shares.

Amplify Lithium& Battery Technology ETF Price Performance

The company’s 50-day moving average is $9.32 and its 200-day moving average is $9.03. The firm has a market capitalization of $86.12 million, a price-to-earnings ratio of 9.69 and a beta of 1.26.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Jane Street Group LLC increased its position in Amplify Lithium& Battery Technology ETF by 5.9% during the 3rd quarter. Jane Street Group LLC now owns 77,355 shares of the company’s stock worth $746,000 after purchasing an additional 4,297 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Amplify Lithium& Battery Technology ETF in the third quarter worth $113,000. Finally, CWM LLC raised its stake in shares of Amplify Lithium& Battery Technology ETF by 16.7% in the 2nd quarter. CWM LLC now owns 11,195 shares of the company’s stock valued at $98,000 after acquiring an additional 1,602 shares during the 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.