Cwm LLC Sells 302 Shares of Amplify Online Retail ETF (NYSEARCA:IBUY)

Cwm LLC lowered its stake in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 5.5% during the third quarter, Holdings Channel reports. The fund owned 5,213 shares of the company’s stock after selling 302 shares during the period. Cwm LLC’s holdings in Amplify Online Retail ETF were worth $318,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in shares of Amplify Online Retail ETF during the first quarter worth approximately $5,429,000. Florin Court Capital LLP raised its position 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 purchasing an additional 1,671 shares during the last quarter. Cetera Advisors LLC acquired a new position in Amplify Online Retail ETF during the 1st quarter worth $512,000. Finally, SIH Partners LLLP bought a new position in Amplify Online Retail ETF in the 2nd quarter valued at $441,000.

Amplify Online Retail ETF Stock Down 0.9 %

IBUY stock opened at $61.55 on Tuesday. Amplify Online Retail ETF has a twelve month low of $40.56 and a twelve month high of $62.57. The company has a market cap of $193.88 million, a P/E ratio of 37.56 and a beta of 1.69. The business has a fifty day moving average of $57.98 and a 200-day moving average of $55.99.

About Amplify Online Retail ETF

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.