Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Stock Price Down 0.6% – Here’s What Happened

Shares of Amplify Video Game Leaders ETF (NYSEARCA:GAMR) fell 0.6% during mid-day trading on Monday . The company traded as low as $95.25 and last traded at $95.25. Approximately 491 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 1,162 shares. The stock had previously closed at $95.85.

Amplify Video Game Leaders ETF Trading Down 0.6%

The firm has a 50-day moving average of $92.89 and a 200 day moving average of $86.14. The stock has a market capitalization of $39.05 million, a price-to-earnings ratio of -264.58 and a beta of 1.17.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GAMR. Royal Bank of Canada raised its stake in shares of Amplify Video Game Leaders ETF by 677.4% during the first quarter. Royal Bank of Canada now owns 412 shares of the company’s stock valued at $31,000 after purchasing an additional 359 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Amplify Video Game Leaders ETF in the 4th quarter valued at about $32,000. Western Wealth Management LLC bought a new position in Amplify Video Game Leaders ETF in the 1st quarter valued at about $33,000. Citadel Advisors LLC acquired a new position in Amplify Video Game Leaders ETF during the 3rd quarter valued at about $880,000. Finally, Susquehanna International Group LLP increased its stake in Amplify Video Game Leaders ETF by 21.4% during the 3rd quarter. Susquehanna International Group LLP now owns 14,172 shares of the company’s stock valued at $1,370,000 after buying an additional 2,497 shares during the period.

Amplify Video Game Leaders ETF Company Profile

The Wedbush ETFMG Video Game Tech ETF (GAMR) is an exchange-traded fund that is based on the ISE EEFund Video Game Tech index. The fund tracks an equity index of global firms that support, create or use video games. Stocks are assigned to pure-play, non-pure-play or conglomerate baskets, and weighted equally within each. GAMR was launched on Mar 8, 2016 and is managed by ETF Managers Group.