Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) Shares Up 0.7% – Still a Buy?

Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN)’s stock price rose 0.7% on Friday . The stock traded as high as $19.68 and last traded at $19.68. Approximately 2,564 shares changed hands during trading, a decline of 61% from the average daily volume of 6,636 shares. The stock had previously closed at $19.55.

Amplify BlackSwan ISWN ETF Trading Up 0.7 %

The business’s 50-day simple moving average is $18.57 and its 200-day simple moving average is $19.12.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amplify BlackSwan ISWN ETF stock. Sovran Advisors LLC acquired a new stake in Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,739 shares of the company’s stock, valued at approximately $226,000. Sovran Advisors LLC owned about 0.64% of Amplify BlackSwan ISWN ETF at the end of the most recent quarter.

Amplify BlackSwan ISWN ETF Company Profile

The Amplify BlackSwan ISWN ETF (ISWN) is an exchange-traded fund that is based on the S-Network International BlackSwan index. The fund tracks an index of two low-correlated assets: international developed equity markets and US Treasurys. The fund uses LEAP options to execute its strategy. ISWN was launched on Jan 26, 2021 and is managed by Amplify.