Harbour Investments Inc. Decreases Holdings in Amplify Online Retail ETF $IBUY

Harbour Investments Inc. trimmed its position in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 6.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,611 shares of the company’s stock after selling 184 shares during the period. Harbour Investments Inc. owned about 0.12% of Amplify Online Retail ETF worth $180,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IBUY. Golden State Wealth Management LLC purchased a new position in shares of Amplify Online Retail ETF during the 1st quarter valued at about $36,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of Amplify Online Retail ETF during the 1st quarter valued at about $206,000. Cookson Peirce & Co. Inc. purchased a new position in shares of Amplify Online Retail ETF during the 1st quarter valued at about $237,000. Moran Wealth Management LLC purchased a new position in shares of Amplify Online Retail ETF during the 1st quarter valued at about $274,000. Finally, CWM LLC raised its holdings in shares of Amplify Online Retail ETF by 25.7% during the 1st quarter. CWM LLC now owns 5,295 shares of the company’s stock valued at $318,000 after buying an additional 1,082 shares in the last quarter.

Amplify Online Retail ETF Trading Down 1.5%

Shares of NYSEARCA IBUY opened at $74.29 on Thursday. The stock has a market cap of $156.01 million, a price-to-earnings ratio of 23.29 and a beta of 1.48. Amplify Online Retail ETF has a 1-year low of $51.60 and a 1-year high of $79.05. The stock’s 50-day moving average is $75.04 and its 200 day moving average is $69.33.

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.