Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Shares Down 1.9% – Time to Sell?

Shares of Amplify Video Game Leaders ETF (NYSEARCA:GAMR) were down 1.9% during mid-day trading on Monday . The stock traded as low as $93.21 and last traded at $93.21. Approximately 697 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 1,148 shares. The stock had previously closed at $95.03.

Amplify Video Game Leaders ETF Stock Performance

The stock’s 50 day simple moving average is $89.79 and its two-hundred day simple moving average is $85.15. The firm has a market capitalization of $40.08 million, a PE ratio of -258.92 and a beta of 1.16.

Institutional Investors Weigh In On Amplify Video Game Leaders ETF

Several large investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in Amplify Video Game Leaders ETF by 677.4% in the first quarter. Royal Bank of Canada now owns 412 shares of the company’s stock valued at $31,000 after acquiring an additional 359 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Amplify Video Game Leaders ETF in the 4th quarter valued at about $32,000. Western Wealth Management LLC acquired a new position in shares of Amplify Video Game Leaders ETF during the 1st quarter worth approximately $33,000. Citadel Advisors LLC acquired a new stake in shares of Amplify Video Game Leaders ETF during the third quarter valued at $880,000. Finally, Susquehanna International Group LLP boosted its stake in shares of 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 worth $1,370,000 after purchasing an additional 2,497 shares during the last quarter.

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.