Kraematon Investment Advisors Inc. Sells 1,335 Shares of Amplify Online Retail ETF (NYSEARCA:IBUY)

Kraematon Investment Advisors Inc. lowered its position in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 22.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,582 shares of the company’s stock after selling 1,335 shares during the quarter. Kraematon Investment Advisors Inc. owned 0.15% of Amplify Online Retail ETF worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IBUY. MML Investors Services LLC lifted its stake 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 purchasing an additional 677 shares during the last quarter. SIH Partners LLLP purchased a new position in shares of Amplify Online Retail ETF during the 2nd quarter valued at $441,000. EWG Elevate Inc. purchased a new position in shares of Amplify Online Retail ETF during the 4th quarter valued at $4,427,000. Flow Traders U.S. LLC bought a new position in shares of Amplify Online Retail ETF during the 3rd quarter worth $699,000. Finally, Nwam LLC purchased a new stake in Amplify Online Retail ETF in the 3rd quarter worth about $800,000.

Amplify Online Retail ETF Stock Up 0.5 %

NYSEARCA IBUY opened at $65.97 on Friday. The company has a market cap of $207.81 million, a PE 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 $70.39. The firm’s 50-day simple moving average is $66.45 and its two-hundred day simple moving average is $60.53.

Amplify Online Retail ETF Profile

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.