Florin Court Capital LLP Has $752,000 Stock Position in Amplify Online Retail ETF (NYSEARCA:IBUY)

Florin Court Capital LLP reduced its stake in Amplify Online Retail ETF (NYSEARCA:IBUY) by 18.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,639 shares of the company’s stock after selling 2,584 shares during the quarter. Amplify Online Retail ETF comprises 0.8% of Florin Court Capital LLP’s holdings, making the stock its 23rd largest holding. Florin Court Capital LLP owned about 0.37% of Amplify Online Retail ETF worth $752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Global Retirement Partners LLC lifted its stake in shares of Amplify Online Retail ETF by 2,707.1% in the fourth quarter. Global Retirement Partners LLC now owns 393 shares of the company’s stock worth $25,000 after acquiring an additional 379 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Amplify Online Retail ETF in the fourth quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new position in shares of Amplify Online Retail ETF in the fourth quarter worth approximately $2,637,000. Principal Securities Inc. acquired a new position in shares of Amplify Online Retail ETF in the fourth quarter worth approximately $320,000. Finally, Valley National Advisers Inc. lifted its stake in shares of Amplify Online Retail ETF by 508.3% in the fourth quarter. Valley National Advisers Inc. now owns 663 shares of the company’s stock worth $42,000 after acquiring an additional 554 shares during the period.

Amplify Online Retail ETF Stock Performance

Shares of IBUY opened at $72.27 on Friday. Amplify Online Retail ETF has a 52-week low of $49.08 and a 52-week high of $74.38. The business’s 50 day moving average price is $67.70 and its two-hundred day moving average price is $63.04. The firm has a market cap of $227.65 million, a PE ratio of 37.56 and a beta of 1.69.

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.