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

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 1,540 shares, a decline of 51.2% from the May 31st total of 3,154 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,011 shares, the days-to-cover ratio is presently 0.3 days.

Amplify BlueStar Israel Technology ETF Trading Up 0.6%

NYSEARCA ITEQ traded up $0.43 during trading on Wednesday, reaching $66.81. The company’s stock had a trading volume of 2,948 shares, compared to its average volume of 12,794. The stock has a market capitalization of $120.26 million, a PE ratio of 29.66 and a beta of 1.00. Amplify BlueStar Israel Technology ETF has a 1-year low of $51.14 and a 1-year high of $71.00. The business has a 50-day moving average price of $64.71 and a 200-day moving average price of $61.28.

Institutional Investors Weigh In On Amplify BlueStar Israel Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in Amplify BlueStar Israel Technology ETF during the fourth quarter worth $33,000. Royal Bank of Canada lifted its position in shares of Amplify BlueStar Israel Technology ETF by 94.0% in the first quarter. Royal Bank of Canada now owns 1,193 shares of the company’s stock worth $69,000 after buying an additional 578 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Amplify BlueStar Israel Technology ETF by 35.0% during the 4th quarter. IFP Advisors Inc now owns 1,773 shares of the company’s stock worth $103,000 after acquiring an additional 460 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Amplify BlueStar Israel Technology ETF during the 2nd quarter worth about $133,000. Finally, Family Management Corp acquired a new position in shares of Amplify BlueStar Israel Technology ETF during the 3rd quarter valued at about $205,000.

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.