Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Trading Up 0.2% – Should You Buy?

Shares of Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) were up 0.2% on Monday . The stock traded as high as $16.85 and last traded at $16.61. 78,604 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 86,124 shares. The stock had previously closed at $16.57.

Amplify Lithium & Battery Technology ETF Trading Up 0.2%

The stock has a market cap of $125.41 million, a PE ratio of 20.17 and a beta of 1.11. The company’s 50 day moving average is $16.78 and its 200-day moving average is $15.54.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Harbor Asset Planning Inc. grew its stake in Amplify Lithium & Battery Technology ETF by 71.0% during the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock valued at $31,000 after purchasing an additional 876 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Amplify Lithium & Battery Technology ETF during the 4th quarter valued at approximately $34,000. Root Financial Partners LLC acquired a new stake in shares of Amplify Lithium & Battery Technology ETF during the fourth quarter worth approximately $35,000. Simplex Trading LLC increased its stake in shares of Amplify Lithium & Battery Technology ETF by 1,920.4% in the fourth quarter. Simplex Trading LLC now owns 3,273 shares of the company’s stock worth $45,000 after buying an additional 3,111 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Amplify Lithium & Battery Technology ETF by 16.3% in the second quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock valued at $104,000 after acquiring an additional 1,565 shares in the last quarter.

Amplify Lithium & Battery Technology ETF Company Profile

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite. BATT was launched on Jun 6, 2018 and is managed by Amplify.