10,437 Shares in Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC bought a new position in shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,437 shares of the company’s stock, valued at approximately $415,000. Wealthfront Advisers LLC owned 0.35% of Amplify AI Powered Equity ETF as of its most recent filing with the SEC.

Separately, FMR LLC boosted its holdings in shares of Amplify AI Powered Equity ETF by 298.3% during the 3rd quarter. FMR LLC now owns 693 shares of the company’s stock worth $26,000 after buying an additional 519 shares during the period.

Amplify AI Powered Equity ETF Stock Performance

Shares of AIEQ stock opened at $36.99 on Monday. The company has a market capitalization of $101.72 million, a price-to-earnings ratio of 22.87 and a beta of 1.16. The company has a 50-day simple moving average of $40.27 and a 200 day simple moving average of $39.37. Amplify AI Powered Equity ETF has a 52 week low of $32.33 and a 52 week high of $42.62.

Amplify AI Powered Equity ETF Profile

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.