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

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 were traded 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 company’s fifty day moving average price is $15.33 and its 200 day moving average price is $14.01. The company has a market cap of $106.78 million, a PE ratio of 20.17 and a beta of 1.15.

Hedge Funds Weigh In On Amplify Lithium & Battery Technology ETF

Hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. grew its holdings in Amplify Lithium & Battery Technology ETF by 708.2% during the third quarter. Raymond James Financial Inc. now owns 114,102 shares of the company’s stock valued at $1,482,000 after purchasing an additional 99,984 shares during the period. Q3 Asset Management purchased a new stake in Amplify Lithium & Battery Technology ETF in the fourth quarter worth $1,394,000. LPL Financial LLC raised its stake in shares of Amplify Lithium & Battery Technology ETF by 18.1% in the fourth quarter. LPL Financial LLC now owns 87,775 shares of the company’s stock valued at $1,211,000 after buying an additional 13,481 shares during the period. Cetera Investment Advisers bought a new stake in shares of Amplify Lithium & Battery Technology ETF in the fourth quarter valued at $548,000. Finally, Cordoba Advisory Partners LLC purchased a new position in shares of Amplify Lithium & Battery Technology ETF during the 4th quarter valued at $539,000.

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.