Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Shares Up 0.2% – Should You Buy?

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) shares rose 0.2% on Monday . The stock traded as high as $16.85 and last traded at $16.61. Approximately 78,604 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 86,124 shares. The stock had previously closed at $16.57.

Amplify Lithium & Battery Technology ETF Price Performance

The firm’s 50-day moving average price is $16.78 and its 200 day moving average price is $15.54. The firm has a market cap of $125.41 million, a P/E ratio of 20.17 and a beta of 1.11.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BATT. Harbor Asset Planning Inc. increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 71.0% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock valued at $31,000 after acquiring an additional 876 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Amplify Lithium & Battery Technology ETF in the fourth quarter worth $34,000. Root Financial Partners LLC bought a new stake in Amplify Lithium & Battery Technology ETF during the fourth quarter valued at $35,000. Simplex Trading LLC raised its holdings in shares of Amplify Lithium & Battery Technology ETF by 1,920.4% during the fourth quarter. Simplex Trading LLC now owns 3,273 shares of the company’s stock worth $45,000 after purchasing an additional 3,111 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of Amplify Lithium & Battery Technology ETF by 16.3% during the second quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock worth $104,000 after purchasing an additional 1,565 shares during the period.

Amplify Lithium & Battery Technology ETF Company Profile

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. BATT was launched on Jun 6, 2018 and is managed by Amplify.