LPL Financial LLC Has $793,000 Holdings in Amplify Global Cloud Technology ETF (NYSEARCA:IVES)

LPL Financial LLC decreased its position in Amplify Global Cloud Technology ETF (NYSEARCA:IVES) by 2.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,348 shares of the company’s stock after selling 402 shares during the period. LPL Financial LLC’s holdings in Amplify Global Cloud Technology ETF were worth $793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in shares of Amplify Global Cloud Technology ETF by 343.3% in the third quarter. Jane Street Group LLC now owns 49,237 shares of the company’s stock worth $2,363,000 after buying an additional 38,129 shares during the period. Virtu Financial LLC acquired a new stake in Amplify Global Cloud Technology ETF during the 3rd quarter worth about $733,000. Finally, Spire Wealth Management purchased a new position in Amplify Global Cloud Technology ETF during the 4th quarter valued at about $104,000.

Amplify Global Cloud Technology ETF Price Performance

Shares of IVES opened at $49.29 on Tuesday. The business’s 50-day moving average is $49.29 and its 200-day moving average is $49.28. The company has a market capitalization of $32.04 million, a price-to-earnings ratio of 34.90 and a beta of 1.74. Amplify Global Cloud Technology ETF has a fifty-two week low of $32.49 and a fifty-two week high of $50.00.

Amplify Global Cloud Technology ETF Company Profile

The Wedbush ETFMG Global Cloud Technology ETF (IVES) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of global equities related to cloud technology companies. IVES was launched on Mar 8, 2016 and is managed by ETF Managers Group.