Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Short Interest Update

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 142 shares, a drop of 99.3% from the February 12th total of 20,330 shares. Based on an average daily trading volume, of 13,831 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 13,831 shares, the days-to-cover ratio is currently 0.0 days.

Amplify BlueStar Israel Technology ETF Stock Down 0.4%

ITEQ traded down $0.21 on Wednesday, hitting $58.16. 3,264 shares of the company traded hands, compared to its average volume of 10,514. Amplify BlueStar Israel Technology ETF has a 12-month low of $42.92 and a 12-month high of $64.05. The company has a 50 day moving average of $59.53 and a 200-day moving average of $58.18. The stock has a market capitalization of $98.87 million, a PE ratio of 29.66 and a beta of 1.00.

Amplify BlueStar Israel Technology ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.4918 per share. This represents a $1.97 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On Amplify BlueStar Israel Technology ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of ITEQ. Kestra Advisory Services LLC acquired a new position in Amplify BlueStar Israel Technology ETF in the 4th quarter valued at $33,000. Jane Street Group LLC acquired a new stake in shares of Amplify BlueStar Israel Technology ETF in the 4th quarter worth $1,849,000. LPL Financial LLC lifted its stake in shares of Amplify BlueStar Israel Technology ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 123,754 shares of the company’s stock worth $7,183,000 after acquiring an additional 1,697 shares during the period. IFP Advisors Inc boosted its holdings in shares of Amplify BlueStar Israel Technology ETF by 35.0% in the fourth quarter. IFP Advisors Inc now owns 1,773 shares of the company’s stock valued at $103,000 after acquiring an additional 460 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Amplify BlueStar Israel Technology ETF by 25,739.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 848,841 shares of the company’s stock valued at $49,272,000 after acquiring an additional 845,556 shares in the last quarter.

About Amplify BlueStar Israel Technology ETF

The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.