Harbour Investments Inc. Reduces Position in Amplify Online Retail ETF (NYSEARCA:IBUY)

Harbour Investments Inc. cut its holdings in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 10.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,048 shares of the company’s stock after selling 357 shares during the quarter. Harbour Investments Inc.’s holdings in Amplify Online Retail ETF were worth $197,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Amplify Online Retail ETF in the fourth quarter worth about $398,000. Commonwealth Equity Services LLC purchased a new stake in shares of Amplify Online Retail ETF in the fourth quarter worth about $205,000. Raymond James Financial Inc. purchased a new stake in shares of Amplify Online Retail ETF in the fourth quarter worth about $608,000. Global Retirement Partners LLC lifted its holdings 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 buying an additional 379 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of Amplify Online Retail ETF in the fourth quarter worth about $33,000.

Amplify Online Retail ETF Trading Up 0.7 %

IBUY stock opened at $61.55 on Friday. The company’s 50 day moving average is $66.70 and its 200 day moving average is $64.46. The stock has a market cap of $160.03 million, a price-to-earnings ratio of 23.46 and a beta of 1.61. Amplify Online Retail ETF has a 1-year low of $49.08 and a 1-year high of $74.38.

Amplify Online Retail ETF Company 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.