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

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT)’s stock price shot up 0.5% during trading on Thursday . The company traded as high as $13.78 and last traded at $13.75. 53,918 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 45,678 shares. The stock had previously closed at $13.68.

Amplify Lithium & Battery Technology ETF Trading Up 0.6%

The stock has a fifty day simple moving average of $13.30 and a two-hundred day simple moving average of $11.26. The company has a market cap of $92.66 million, a PE ratio of 20.17 and a beta of 1.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC lifted its holdings in Amplify Lithium & Battery Technology ETF by 2.9% in the first quarter. LPL Financial LLC now owns 164,053 shares of the company’s stock valued at $1,370,000 after acquiring an additional 4,649 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 708.2% in the 3rd quarter. Raymond James Financial Inc. now owns 114,102 shares of the company’s stock valued at $1,482,000 after purchasing an additional 99,984 shares in the last quarter. OLD Mission Capital LLC increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 55.9% in the 1st quarter. OLD Mission Capital LLC now owns 37,924 shares of the company’s stock valued at $317,000 after purchasing an additional 13,591 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Amplify Lithium & Battery Technology ETF by 47.4% in the second quarter. Jane Street Group LLC now owns 24,765 shares of the company’s stock valued at $231,000 after purchasing an additional 7,964 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in Amplify Lithium & Battery Technology ETF during the third quarter worth about $274,000.

About Amplify Lithium & Battery Technology ETF

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.