Hennion & Walsh Asset Management Inc. Buys New Shares in Amplify Bloomberg AI Value Chain ETF $AIVC

Hennion & Walsh Asset Management Inc. bought a new position in shares of Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 209,541 shares of the company’s stock, valued at approximately $24,175,000. Amplify Bloomberg AI Value Chain ETF makes up about 0.7% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 21st biggest position. Hennion & Walsh Asset Management Inc. owned approximately 19.05% of Amplify Bloomberg AI Value Chain ETF at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AIVC. Claris Financial LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF in the fourth quarter valued at $493,000. Osaic Holdings Inc. boosted its position in shares of Amplify Bloomberg AI Value Chain ETF by 177.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock worth $75,000 after purchasing an additional 900 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Amplify Bloomberg AI Value Chain ETF during the 4th quarter worth about $190,000. Jane Street Group LLC grew its stake in shares of Amplify Bloomberg AI Value Chain ETF by 5.8% in the 4th quarter. Jane Street Group LLC now owns 42,081 shares of the company’s stock valued at $2,853,000 after buying an additional 2,297 shares during the period. Finally, LPL Financial LLC grew its stake in shares of Amplify Bloomberg AI Value Chain ETF by 32.6% in the 4th quarter. LPL Financial LLC now owns 16,049 shares of the company’s stock valued at $1,088,000 after buying an additional 3,950 shares during the period.

Amplify Bloomberg AI Value Chain ETF Price Performance

Shares of Amplify Bloomberg AI Value Chain ETF stock opened at $111.04 on Friday. Amplify Bloomberg AI Value Chain ETF has a one year low of $54.12 and a one year high of $124.23. The firm has a market capitalization of $122.14 million, a price-to-earnings ratio of 21.80 and a beta of 1.29. The business has a 50-day simple moving average of $109.70 and a 200 day simple moving average of $90.34.

Amplify Bloomberg AI Value Chain ETF Company Profile

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.