Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) Trading Up 0.9%

Shares of Amplify AI Powered Equity ETF (NYSEARCA:AIEQGet Free Report) shot up 0.9% during mid-day trading on Monday . The company traded as high as $36.09 and last traded at $36.04. 31,791 shares traded hands during trading, an increase of 175% from the average session volume of 11,571 shares. The stock had previously closed at $35.70.

Amplify AI Powered Equity ETF Stock Up 0.9 %

The stock’s 50-day moving average is $34.98 and its 200-day moving average is $35.09. The firm has a market cap of $108.12 million, a P/E ratio of 9.53 and a beta of 1.29.

Institutional Investors Weigh In On Amplify AI Powered Equity ETF

An institutional investor recently bought a new position in Amplify AI Powered Equity ETF stock. HCR Wealth Advisors purchased a new stake in Amplify AI Powered Equity ETF (NYSEARCA:AIEQFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,002 shares of the company’s stock, valued at approximately $214,000. HCR Wealth Advisors owned 0.17% of Amplify AI Powered Equity ETF at the end of the most recent reporting period.

Amplify AI Powered Equity ETF Company Profile

(Get Free Report)

The AI Powered Equity ETF (AIEQ) is an exchange-traded fund that is based on the S&P Total Market index. The fund is an actively-managed fund of US stocks selected by a proprietary, quantitative model that incorporates artificial intelligence (AI). AIEQ was launched on Oct 17, 2017 and is managed by ETF Managers Group.

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