Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Stock Price Down 0.5% – Here’s Why

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) shares were down 0.5% on Friday . The company traded as low as $15.04 and last traded at $15.06. Approximately 16,512 shares changed hands during trading, a decline of 77% from the average daily volume of 71,990 shares. The stock had previously closed at $15.13.

Amplify Lithium & Battery Technology ETF Stock Performance

The stock has a 50 day moving average of $15.06 and a 200-day moving average of $15.68. The company has a market cap of $121.23 million, a PE ratio of 20.17 and a beta of 1.14.

Institutional Investors Weigh In On Amplify Lithium & Battery Technology ETF

A number of institutional investors and hedge funds have recently modified their holdings of BATT. Harbor Asset Planning Inc. boosted its position in Amplify Lithium & Battery Technology ETF by 71.0% in the first quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock valued at $31,000 after buying an additional 876 shares during the last quarter. Root Financial Partners LLC purchased a new position in Amplify Lithium & Battery Technology ETF during the 4th quarter worth approximately $35,000. Simplex Trading LLC lifted its stake in Amplify Lithium & Battery Technology ETF by 1,920.4% during the 4th quarter. Simplex Trading LLC now owns 3,273 shares of the company’s stock valued at $45,000 after acquiring an additional 3,111 shares during the period. Osaic Holdings Inc. lifted its stake in Amplify Lithium & Battery Technology ETF by 16.3% during the 2nd 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 during the period. Finally, Beacon Pointe Advisors LLC boosted its holdings in shares of Amplify Lithium & Battery Technology ETF by 8.2% in the 4th quarter. Beacon Pointe Advisors LLC now owns 12,839 shares of the company’s stock valued at $177,000 after acquiring an additional 968 shares during 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.