Amplify Online Retail ETF (NYSEARCA:IBUY) Trading Down 0.1% – Time to Sell?

Amplify Online Retail ETF (NYSEARCA:IBUY)’s stock price fell 0.1% on Monday . The company traded as low as $65.74 and last traded at $65.74. 14,481 shares were traded during trading, a decline of 7% from the average session volume of 15,561 shares. The stock had previously closed at $65.81.

Amplify Online Retail ETF Price Performance

The stock has a market cap of $115.05 million, a PE ratio of 23.29 and a beta of 1.46. The business has a 50 day moving average price of $65.88 and a two-hundred day moving average price of $68.85.

Institutional Trading of Amplify Online Retail ETF

A number of institutional investors have recently made changes to their positions in IBUY. Horizon Investments LLC purchased a new stake in shares of Amplify Online Retail ETF during the third quarter valued at approximately $56,000. Larson Financial Group LLC purchased a new stake in shares of Amplify Online Retail ETF during the fourth quarter valued at approximately $76,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Amplify Online Retail ETF during the fourth quarter valued at approximately $93,000. Kestra Advisory Services LLC purchased a new stake in shares of Amplify Online Retail ETF during the fourth quarter valued at approximately $147,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Amplify Online Retail ETF during the third quarter valued at approximately $209,000.

Amplify Online Retail ETF Company 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.