Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) Stock Price Down 0.8% – Time to Sell?

Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) shares were down 0.8% on Friday . The stock traded as low as $19.16 and last traded at $19.19. Approximately 2,411 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 3,793 shares. The stock had previously closed at $19.35.

Amplify BlackSwan ISWN ETF Price Performance

The company’s 50 day simple moving average is $19.03 and its 200-day simple moving average is $19.05.

Amplify BlackSwan ISWN ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 28th will be issued a dividend of $0.1578 per share. This is a positive change from Amplify BlackSwan ISWN ETF’s previous dividend of $0.15. The ex-dividend date of this dividend is Friday, March 28th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amplify BlackSwan ISWN ETF stock. Sovran Advisors LLC bought a new position in shares of Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,739 shares of the company’s stock, valued at approximately $226,000. Sovran Advisors LLC owned approximately 0.64% of Amplify BlackSwan ISWN ETF at the end of the most recent reporting period.

About Amplify BlackSwan ISWN ETF

The Amplify BlackSwan ISWN ETF (ISWN) is an exchange-traded fund that is based on the S-Network International BlackSwan index. The fund tracks an index of two low-correlated assets: international developed equity markets and US Treasurys. The fund uses LEAP options to execute its strategy. ISWN was launched on Jan 26, 2021 and is managed by Amplify.