Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Trading Up 5% – Here’s What Happened

Shares of Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) traded up 5% during mid-day trading on Monday . The stock traded as high as $14.60 and last traded at $14.43. 81,034 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 79,580 shares. The stock had previously closed at $13.74.

Amplify Lithium & Battery Technology ETF Price Performance

The stock has a 50-day moving average of $15.33 and a 200-day moving average of $14.01. The firm has a market cap of $106.78 million, a price-to-earnings ratio of 20.17 and a beta of 1.15.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BATT. Beacon Pointe Advisors LLC increased its stake 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 purchasing an additional 968 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of 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 worth $104,000 after buying an additional 1,565 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in Amplify Lithium & Battery Technology ETF in the fourth quarter valued at about $34,000. Root Financial Partners LLC acquired a new stake in Amplify Lithium & Battery Technology ETF in the fourth quarter valued at about $35,000. Finally, Simplex Trading LLC grew its position in 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 valued at $45,000 after acquiring an additional 3,111 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.