Valley National Advisers Inc. Has $42,000 Stock Holdings in Amplify Online Retail ETF (NYSEARCA:IBUY)

Valley National Advisers Inc. lifted its position in Amplify Online Retail ETF (NYSEARCA:IBUY) by 508.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 663 shares of the company’s stock after purchasing an additional 554 shares during the period. Valley National Advisers Inc.’s holdings in Amplify Online Retail ETF were worth $42,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Spire Wealth Management raised its holdings in Amplify Online Retail ETF by 1,911.3% during the 4th quarter. Spire Wealth Management now owns 3,017 shares of the company’s stock worth $195,000 after buying an additional 2,867 shares during the period. Park Avenue Securities LLC acquired a new stake in shares of Amplify Online Retail ETF in the fourth quarter valued at approximately $383,000. EWG Elevate Inc. acquired a new stake in shares of Amplify Online Retail ETF in the fourth quarter valued at approximately $4,427,000. MML Investors Services LLC raised its holdings in shares of 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. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Amplify Online Retail ETF in the third quarter valued at approximately $699,000.

Amplify Online Retail ETF Stock Down 1.1 %

NYSEARCA IBUY opened at $67.78 on Tuesday. Amplify Online Retail ETF has a 12-month low of $49.08 and a 12-month high of $70.39. The company has a market capitalization of $213.51 million, a PE ratio of 37.56 and a beta of 1.69. The firm’s 50 day moving average is $67.02 and its 200-day moving average is $61.56.

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.