Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ – Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 3,345 shares, an increase of 293.5% from the June 30th total of 850 shares. Based on an average daily volume of 2,848 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in shares of Amplify BlueStar Israel Technology ETF in the 4th quarter valued at about $33,000. Royal Bank of Canada grew its position in Amplify BlueStar Israel Technology ETF by 94.0% in the 1st quarter. Royal Bank of Canada now owns 1,193 shares of the company’s stock worth $69,000 after purchasing an additional 578 shares during the last quarter. IFP Advisors Inc raised its stake in Amplify BlueStar Israel Technology ETF by 35.0% during the 4th quarter. IFP Advisors Inc now owns 1,773 shares of the company’s stock valued at $103,000 after acquiring an additional 460 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Amplify BlueStar Israel Technology ETF during the second quarter valued at $133,000. Finally, Family Management Corp bought a new stake in shares of Amplify BlueStar Israel Technology ETF during the third quarter valued at about $205,000.
Amplify BlueStar Israel Technology ETF Stock Up 0.5%
Shares of ITEQ opened at $63.93 on Tuesday. The firm has a market cap of $115.07 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. The business’s 50 day moving average is $65.78 and its two-hundred day moving average is $62.15. Amplify BlueStar Israel Technology ETF has a 52-week low of $51.14 and a 52-week high of $71.00.
About Amplify BlueStar Israel Technology ETF
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.
Further Reading
- Five stocks we like better than Amplify BlueStar Israel Technology ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Amplify BlueStar Israel Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify BlueStar Israel Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
