Ameritas Advisory Services LLC Lowers Stake in Amplify Online Retail ETF $IBUY

Ameritas Advisory Services LLC lowered its position in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 34.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 14,264 shares of the company’s stock after selling 7,415 shares during the period. Ameritas Advisory Services LLC’s holdings in Amplify Online Retail ETF were worth $985,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IBUY. Flow Traders U.S. LLC lifted its holdings in Amplify Online Retail ETF by 406.5% during the first quarter. Flow Traders U.S. LLC now owns 41,023 shares of the company’s stock valued at $2,467,000 after purchasing an additional 32,923 shares in the last quarter. Swisher Financial Concepts Inc. bought a new stake in shares of Amplify Online Retail ETF during the second quarter valued at approximately $331,000. Moran Wealth Management LLC bought a new stake in shares of Amplify Online Retail ETF during the first quarter valued at approximately $274,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Amplify Online Retail ETF during the first quarter valued at approximately $237,000. Finally, Nations Financial Group Inc. IA ADV bought a new stake in shares of Amplify Online Retail ETF during the first quarter valued at approximately $206,000.

Amplify Online Retail ETF Price Performance

Amplify Online Retail ETF stock opened at $76.60 on Friday. The stock has a market cap of $160.86 million, a P/E ratio of 23.29 and a beta of 1.48. Amplify Online Retail ETF has a 1 year low of $51.60 and a 1 year high of $79.05. The firm’s 50 day moving average price is $74.25 and its 200-day moving average price is $68.16.

About Amplify Online Retail ETF

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.