Fmr LLC Buys 519 Shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQ)

Fmr LLC boosted its stake in shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) by 298.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 693 shares of the company’s stock after buying an additional 519 shares during the quarter. Fmr LLC’s holdings in Amplify AI Powered Equity ETF were worth $26,000 at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC boosted its position in Amplify AI Powered Equity ETF by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 7,530 shares of the company’s stock valued at $273,000 after buying an additional 1,151 shares during the period.

Amplify AI Powered Equity ETF Price Performance

Shares of NYSEARCA:AIEQ opened at $40.45 on Thursday. Amplify AI Powered Equity ETF has a 1 year low of $32.33 and a 1 year high of $41.86. The company has a market cap of $121.35 million, a PE ratio of 9.53 and a beta of 1.29. The stock’s 50-day moving average is $40.07 and its 200 day moving average is $37.72.

About Amplify AI Powered Equity ETF

The AI Powered Equity ETF (AIEQ) is an exchange-traded fund that is based on the S&P Total Market index. The fund is an actively-managed fund of US stocks selected by a proprietary, quantitative model that incorporates artificial intelligence (AI). AIEQ was launched on Oct 17, 2017 and is managed by ETF Managers Group.