Kestra Investment Management LLC Buys New Holdings in Amplify Online Retail ETF (NYSEARCA:IBUY)

Kestra Investment Management LLC bought a new stake in Amplify Online Retail ETF (NYSEARCA:IBUY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 503 shares of the company’s stock, valued at approximately $33,000.

A number of other large investors have also recently bought and sold shares of IBUY. Nwam LLC purchased a new stake in Amplify Online Retail ETF in the third quarter valued at approximately $800,000. Flow Traders U.S. LLC purchased a new stake in Amplify Online Retail ETF in the third quarter valued at approximately $699,000. MML Investors Services LLC boosted its position in Amplify Online Retail ETF by 4.9% in the third quarter. MML Investors Services LLC now owns 14,359 shares of the company’s stock valued at $876,000 after buying an additional 677 shares during the last quarter. EWG Elevate Inc. purchased a new stake in Amplify Online Retail ETF in the fourth quarter valued at approximately $4,427,000. Finally, Park Avenue Securities LLC purchased a new stake in Amplify Online Retail ETF in the fourth quarter valued at approximately $383,000.

Amplify Online Retail ETF Stock Down 4.4 %

Shares of NYSEARCA IBUY opened at $69.10 on Friday. The business’s 50 day moving average price is $67.70 and its 200 day moving average price is $63.25. The firm has a market cap of $217.67 million, a P/E ratio of 37.56 and a beta of 1.69. Amplify Online Retail ETF has a 52 week low of $49.08 and a 52 week high of $74.38.

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.