Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Shares Down 2.7% – Here’s Why

Shares of Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) fell 2.7% during mid-day trading on Monday . The stock traded as low as $14.23 and last traded at $14.29. 58,115 shares were traded during mid-day trading, a decline of 29% from the average session volume of 82,000 shares. The stock had previously closed at $14.68.

Amplify Lithium & Battery Technology ETF Trading Down 2.7%

The business has a fifty day moving average of $16.30 and a 200 day moving average of $15.67. The company has a market capitalization of $116.46 million, a PE ratio of 20.17 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Harbor Asset Planning Inc. increased 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 worth $31,000 after buying an additional 876 shares during the period. Farther Finance Advisors LLC purchased a new position in Amplify Lithium & Battery Technology ETF in the 4th quarter valued at approximately $34,000. Root Financial Partners LLC purchased a new position in Amplify Lithium & Battery Technology ETF in the 4th quarter valued at approximately $35,000. Simplex Trading LLC grew 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 acquiring an additional 3,111 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Amplify Lithium & Battery Technology ETF by 16.3% during the second quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock worth $104,000 after acquiring an additional 1,565 shares during the period.

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.