Amplify Online Retail ETF (NYSEARCA:IBUY) Stock Price Down 0.1% – Here’s Why

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

Amplify Online Retail ETF Stock Performance

The stock has a 50 day moving average of $65.99 and a two-hundred day moving average of $68.82. The stock has a market cap of $114.66 million, a PE ratio of 23.29 and a beta of 1.46.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Horizon Investments LLC purchased a new stake in shares of Amplify Online Retail ETF in the 3rd quarter valued at approximately $56,000. Larson Financial Group LLC purchased a new stake in shares of Amplify Online Retail ETF in the 4th quarter valued at approximately $76,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Amplify Online Retail ETF in the 4th quarter valued at approximately $93,000. Kestra Advisory Services LLC purchased a new stake in shares of Amplify Online Retail ETF in the 4th quarter valued at approximately $147,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Amplify Online Retail ETF in the 3rd 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.