Fmr LLC Buys 519 Shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQ)

Fmr LLC increased its stake in shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) by 298.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 693 shares of the company’s stock after purchasing an additional 519 shares during the period. Fmr LLC’s holdings in Amplify AI Powered Equity ETF were worth $26,000 as of its most recent SEC filing.

Separately, Commonwealth Equity Services LLC boosted its stake in Amplify AI Powered Equity ETF by 18.0% during the second quarter. Commonwealth Equity Services LLC now owns 7,530 shares of the company’s stock valued at $273,000 after buying an additional 1,151 shares during the period.

Amplify AI Powered Equity ETF Trading Up 0.5 %

AIEQ stock opened at $40.45 on Thursday. The company’s 50 day moving average is $40.07 and its 200 day moving average is $37.72. The stock has a market cap of $121.35 million, a price-to-earnings ratio of 9.53 and a beta of 1.29. Amplify AI Powered Equity ETF has a 1-year low of $32.33 and a 1-year high of $41.86.

Amplify AI Powered Equity ETF Profile

The AI Powered Equity ETF (AIEQ) is an exchange-traded fund that is based on the S&P Total Market index. The fund is an actively-managed fund of US stocks selected by a proprietary, quantitative model that incorporates artificial intelligence (AI). AIEQ was launched on Oct 17, 2017 and is managed by ETF Managers Group.