Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Stock Price Up 2.1% – Here’s Why

Amplify Video Game Leaders ETF (NYSEARCA:GAMR)’s share price traded up 2.1% on Monday . The company traded as high as $95.35 and last traded at $95.34. Approximately 1,435 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 1,117 shares. The stock had previously closed at $93.36.

Amplify Video Game Leaders ETF Trading Down 0.8%

The business’s fifty day simple moving average is $91.29 and its 200-day simple moving average is $85.34. The firm has a market cap of $39.27 million, a P/E ratio of -266.08 and a beta of 1.17.

Hedge Funds Weigh In On Amplify Video Game Leaders ETF

Several hedge funds have recently made changes to their positions in GAMR. Western Wealth Management LLC purchased a new stake in Amplify Video Game Leaders ETF during the 1st quarter worth about $33,000. Royal Bank of Canada grew its holdings in Amplify Video Game Leaders ETF by 677.4% during the 1st quarter. Royal Bank of Canada now owns 412 shares of the company’s stock valued at $31,000 after buying an additional 359 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Amplify Video Game Leaders ETF during the 4th quarter valued at about $32,000. Susquehanna International Group LLP increased its position in shares of Amplify Video Game Leaders ETF by 21.4% during the third 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. Finally, Citadel Advisors LLC bought a new stake in shares of Amplify Video Game Leaders ETF during the third quarter valued at about $880,000.

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.