Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) Short Interest Update

Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 262 shares, a decline of 58.7% from the February 26th total of 635 shares. Based on an average daily volume of 4,308 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Amplify AI Powered Equity ETF

A number of large investors have recently made changes to their positions in AIEQ. Kestra Advisory Services LLC purchased a new stake in Amplify AI Powered Equity ETF during the 4th quarter worth about $38,000. Parallel Advisors LLC purchased a new position in Amplify AI Powered Equity ETF in the 4th quarter valued at about $45,000. Royal Bank of Canada lifted its holdings in Amplify AI Powered Equity ETF by 290.3% in the 4th quarter. Royal Bank of Canada now owns 2,373 shares of the company’s stock valued at $107,000 after purchasing an additional 1,765 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Amplify AI Powered Equity ETF during the 2nd quarter worth about $124,000. Finally, Citadel Advisors LLC boosted its stake in shares of Amplify AI Powered Equity ETF by 113.2% during the 3rd quarter. Citadel Advisors LLC now owns 14,677 shares of the company’s stock worth $659,000 after purchasing an additional 7,793 shares during the last quarter.

Amplify AI Powered Equity ETF Stock Performance

AIEQ stock opened at $43.67 on Thursday. The stock’s 50 day moving average price is $45.24 and its 200 day moving average price is $45.12. The firm has a market cap of $112.67 million, a P/E ratio of 26.62 and a beta of 1.16. Amplify AI Powered Equity ETF has a 1 year low of $31.27 and a 1 year high of $46.63.

Amplify AI Powered Equity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.1943 dividend. This represents a $0.78 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Tuesday, December 30th.

Amplify AI Powered Equity ETF Company 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.