Amplify Online Retail ETF (NYSEARCA:IBUY) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. trimmed its holdings in Amplify Online Retail ETF (NYSEARCA:IBUY) by 27.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,094 shares of the company’s stock after selling 1,145 shares during the quarter. Avantax Advisory Services Inc. owned about 0.10% of Amplify Online Retail ETF worth $200,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IBUY. Global Retirement Partners LLC boosted its position in shares of Amplify Online Retail ETF by 2,707.1% during the 4th quarter. Global Retirement Partners LLC now owns 393 shares of the company’s stock valued at $25,000 after acquiring an additional 379 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Amplify Online Retail ETF in the 4th quarter valued at about $33,000. Valley National Advisers Inc. boosted its holdings in Amplify Online Retail ETF by 508.3% in the 4th quarter. Valley National Advisers Inc. now owns 663 shares of the company’s stock valued at $42,000 after purchasing an additional 554 shares during the last quarter. Spire Wealth Management grew its stake in shares of Amplify Online Retail ETF by 1,911.3% in the 4th quarter. Spire Wealth Management now owns 3,017 shares of the company’s stock valued at $195,000 after buying an additional 2,867 shares during the period. Finally, Principal Securities Inc. acquired a new stake in shares of Amplify Online Retail ETF during the 4th quarter worth approximately $320,000.

Amplify Online Retail ETF Stock Performance

IBUY stock opened at $62.08 on Friday. Amplify Online Retail ETF has a one year low of $49.08 and a one year high of $74.38. The firm has a market cap of $161.41 million, a PE ratio of 23.46 and a beta of 1.61. The firm’s 50 day moving average price is $66.54 and its 200-day moving average price is $64.62.

Amplify Online Retail ETF 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.