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

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 584 shares, a decrease of 30.0% from the January 15th total of 834 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,090 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 9,090 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

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

Amplify BlueStar Israel Technology ETF Stock Performance

Shares of NYSEARCA ITEQ traded up $0.04 during mid-day trading on Monday, reaching $57.10. The company had a trading volume of 2,405 shares, compared to its average volume of 8,887. The company has a market capitalization of $97.07 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. The stock has a fifty day moving average of $59.74 and a two-hundred day moving average of $57.64. Amplify BlueStar Israel Technology ETF has a 12-month low of $42.92 and a 12-month high of $64.05.

Amplify BlueStar Israel Technology ETF Dividend Announcement

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

Amplify BlueStar Israel Technology ETF Company Profile

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.