Hennion & Walsh Asset Management Inc. Purchases New Stake in Amplify Bloomberg AI Value Chain ETF $AIVC

Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVCFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 209,541 shares of the company’s stock, valued at approximately $24,175,000. Amplify Bloomberg AI Value Chain ETF makes up 0.7% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 21st biggest position. Hennion & Walsh Asset Management Inc. owned 0.19% of Amplify Bloomberg AI Value Chain ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AIVC. Raymond James Financial Inc. acquired a new position in shares of Amplify Bloomberg AI Value Chain ETF during the second quarter valued at about $64,000. Osaic Holdings Inc. increased its position in shares of Amplify Bloomberg AI Value Chain ETF by 177.2% during the second quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock worth $75,000 after acquiring an additional 900 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the 4th quarter worth about $190,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the 1st quarter worth about $227,000. Finally, Claris Financial LLC bought a new position in Amplify Bloomberg AI Value Chain ETF in the 4th quarter valued at about $493,000.

Amplify Bloomberg AI Value Chain ETF Stock Performance

AIVC stock opened at $111.04 on Friday. The company has a market capitalization of $122.14 million, a P/E ratio of 21.80 and a beta of 1.29. Amplify Bloomberg AI Value Chain ETF has a 52-week low of $54.12 and a 52-week high of $124.23. The business has a 50-day simple moving average of $109.70 and a two-hundred day simple moving average of $90.34.

Amplify Bloomberg AI Value Chain ETF Profile

(Free Report)

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.

Further Reading

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Institutional Ownership by Quarter for Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC)

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