Raymond James & Associates Sells 5,057 Shares of Amplify Online Retail ETF (NYSEARCA:IBUY)

Raymond James & Associates cut its holdings in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 30.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,369 shares of the company’s stock after selling 5,057 shares during the quarter. Raymond James & Associates owned approximately 0.26% of Amplify Online Retail ETF worth $612,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IBUY. SFI Advisors LLC grew its position in shares of Amplify Online Retail ETF by 2.1% during the third quarter. SFI Advisors LLC now owns 70,787 shares of the company’s stock valued at $3,135,000 after purchasing an additional 1,449 shares in the last quarter. Interactive Financial Advisors Inc. grew its position in shares of Amplify Online Retail ETF by 17.6% during the third quarter. Interactive Financial Advisors Inc. now owns 7,792 shares of the company’s stock valued at $345,000 after purchasing an additional 1,164 shares in the last quarter. Finally, CWM LLC grew its position in shares of Amplify Online Retail ETF by 5.1% during the third quarter. CWM LLC now owns 5,213 shares of the company’s stock valued at $231,000 after purchasing an additional 254 shares in the last quarter.

Amplify Online Retail ETF Stock Down 0.8 %

Shares of Amplify Online Retail ETF stock opened at $53.75 on Thursday. The firm has a market cap of $169.32 million, a price-to-earnings ratio of 38.72 and a beta of 1.69. The business has a 50-day moving average price of $55.66 and a 200-day moving average price of $51.19. Amplify Online Retail ETF has a twelve month low of $39.52 and a twelve month high of $59.26.

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.