MML Investors Services LLC Has $876,000 Stock Holdings in Amplify Online Retail ETF (NYSEARCA:IBUY)

MML Investors Services LLC grew its holdings in shares of Amplify Online Retail ETF (NYSEARCA:IBUY) by 4.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,359 shares of the company’s stock after purchasing an additional 677 shares during the quarter. MML Investors Services LLC’s holdings in Amplify Online Retail ETF were worth $876,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. SIH Partners LLLP acquired a new stake in Amplify Online Retail ETF in the 2nd quarter worth approximately $441,000. Flow Traders U.S. LLC acquired a new stake in shares of Amplify Online Retail ETF in the third quarter worth $699,000. Florin Court Capital LLP boosted its holdings in shares of Amplify Online Retail ETF by 13.2% during the 2nd quarter. Florin Court Capital LLP now owns 14,289 shares of the company’s stock worth $787,000 after buying an additional 1,671 shares during the period. Finally, Nwam LLC acquired a new position in Amplify Online Retail ETF in the 3rd quarter valued at $800,000.

Amplify Online Retail ETF Price Performance

Amplify Online Retail ETF stock opened at $65.40 on Friday. Amplify Online Retail ETF has a fifty-two week low of $49.08 and a fifty-two week high of $70.39. The firm has a fifty day moving average price of $65.17 and a two-hundred day moving average price of $59.24. The firm has a market cap of $206.01 million, a price-to-earnings ratio of 37.56 and a beta of 1.69.

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.