Amplify Travel Tech ETF (NYSEARCA:AWAY) Trading Up 0.9% – Time to Buy?

Amplify Travel Tech ETF (NYSEARCA:AWAY)’s share price rose 0.9% during mid-day trading on Thursday . The stock traded as high as $21.41 and last traded at $21.41. Approximately 6,939 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 16,960 shares. The stock had previously closed at $21.22.

Amplify Travel Tech ETF Trading Up 0.9 %

The stock has a market capitalization of $93.11 million, a PE ratio of 54.50 and a beta of 1.27. The business’s 50 day moving average is $20.35 and its 200 day moving average is $19.72.

Institutional Investors Weigh In On Amplify Travel Tech ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC lifted its holdings in Amplify Travel Tech ETF by 272.0% during the 3rd quarter. Jane Street Group LLC now owns 91,656 shares of the company’s stock valued at $1,865,000 after buying an additional 67,020 shares in the last quarter. Cetera Advisors LLC bought a new position in Amplify Travel Tech ETF in the 1st quarter worth about $275,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Amplify Travel Tech ETF during the second quarter worth approximately $132,000.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.