Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) Stock Price Down 2.2% – Should You Sell?

Shares of Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) dropped 2.2% during trading on Thursday . The company traded as low as $9.11 and last traded at $9.13. Approximately 69,791 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 46,302 shares. The stock had previously closed at $9.34.

Amplify Lithium& Battery Technology ETF Stock Performance

The business’s 50-day moving average is $8.79 and its two-hundred day moving average is $9.02. The firm has a market capitalization of $86.58 million, a price-to-earnings ratio of 9.69 and a beta of 1.26.

Institutional Trading of Amplify Lithium& Battery Technology ETF

An institutional investor recently raised its position in Amplify Lithium& Battery Technology ETF stock. CWM LLC lifted its holdings in Amplify Lithium& Battery Technology ETF (NYSEARCA:BATT) by 16.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,195 shares of the company’s stock after purchasing an additional 1,602 shares during the quarter. CWM LLC owned about 0.12% of Amplify Lithium& Battery Technology ETF worth $98,000 as of its most recent SEC filing.

About Amplify Lithium& Battery Technology ETF

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite.