Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,381 shares, an increase of 381.4% from the April 15th total of 1,741 shares. Based on an average trading volume of 12,927 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are sold short.
Amplify BlueStar Israel Technology ETF Price Performance
NYSEARCA ITEQ opened at $62.87 on Wednesday. The stock’s fifty day moving average price is $60.30 and its 200 day moving average price is $59.08. Amplify BlueStar Israel Technology ETF has a 1 year low of $50.76 and a 1 year high of $64.53. The company has a market cap of $113.17 million, a price-to-earnings ratio of 29.66 and a beta of 0.98.
Hedge Funds Weigh In On Amplify BlueStar Israel Technology ETF
Several hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Amplify BlueStar Israel Technology ETF by 25,739.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 848,841 shares of the company’s stock valued at $49,272,000 after acquiring an additional 845,556 shares during the period. LPL Financial LLC increased its position in shares of Amplify BlueStar Israel Technology ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 123,754 shares of the company’s stock valued at $7,183,000 after acquiring an additional 1,697 shares during the period. Jane Street Group LLC purchased a new position in shares of Amplify BlueStar Israel Technology ETF during the fourth quarter worth $1,849,000. Flow Traders U.S. LLC purchased a new position in shares of Amplify BlueStar Israel Technology ETF during the third quarter worth $1,385,000. Finally, Ausdal Financial Partners Inc. purchased a new position in shares of Amplify BlueStar Israel Technology ETF during the third quarter worth $332,000.
Amplify BlueStar Israel Technology ETF Company Profile
The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.
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