Amplify Online Retail ETF (NYSEARCA:IBUY) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its stake in Amplify Online Retail ETF (NYSEARCA:IBUY) by 10.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,990 shares of the company’s stock after selling 338 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.09% of Amplify Online Retail ETF worth $165,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IBUY. Jane Street Group LLC purchased a new position in Amplify Online Retail ETF in the 1st quarter valued at about $5,429,000. Cetera Advisors LLC acquired a new stake in Amplify Online Retail ETF during the first quarter worth approximately $512,000. CWM LLC grew its stake in Amplify Online Retail ETF by 4.3% in the 2nd quarter. CWM LLC now owns 5,515 shares of the company’s stock worth $304,000 after acquiring an additional 227 shares during the period. Florin Court Capital LLP grew its stake in Amplify Online Retail ETF by 13.2% in the 2nd quarter. Florin Court Capital LLP now owns 14,289 shares of the company’s stock worth $787,000 after acquiring an additional 1,671 shares during the period. Finally, SIH Partners LLLP acquired a new position in Amplify Online Retail ETF in the 2nd quarter valued at $441,000.

Amplify Online Retail ETF Stock Down 0.7 %

IBUY stock opened at $60.95 on Friday. The stock has a market capitalization of $191.99 million, a price-to-earnings ratio of 37.56 and a beta of 1.69. Amplify Online Retail ETF has a 52-week low of $40.56 and a 52-week high of $61.58. The stock’s fifty day simple moving average is $56.39 and its 200-day simple moving average is $55.75.

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.