Amplify Travel Tech ETF (NYSEARCA:AWAY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Amplify Travel Tech ETF (NYSEARCA:AWAY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.68 and traded as high as $22.28. Amplify Travel Tech ETF shares last traded at $22.26, with a volume of 3,769 shares.

Amplify Travel Tech ETF Stock Performance

The firm has a market cap of $96.84 million, a P/E ratio of 54.50 and a beta of 1.27. The firm has a fifty day moving average of $20.68 and a 200-day moving average of $19.79.

Institutional Trading of Amplify Travel Tech ETF

Several hedge funds have recently bought and sold shares of AWAY. Banque Cantonale Vaudoise bought a new position in Amplify Travel Tech ETF in the 2nd quarter worth about $132,000. Cetera Advisors LLC acquired a new position in shares of Amplify Travel Tech ETF during the first quarter worth approximately $275,000. Finally, Jane Street Group LLC grew its holdings in Amplify Travel Tech ETF by 272.0% in the 3rd quarter. Jane Street Group LLC now owns 91,656 shares of the company’s stock worth $1,865,000 after buying an additional 67,020 shares in the last quarter.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.