Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 492 shares. Based on an average daily volume of 4,913 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On Amplify Bloomberg AI Value Chain ETF
A number of institutional investors have recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. bought a new position in Amplify Bloomberg AI Value Chain ETF in the first quarter worth $227,000. Claris Financial LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF in the 4th quarter valued at $493,000. Envestnet Asset Management Inc. bought a new stake in Amplify Bloomberg AI Value Chain ETF in the 2nd quarter valued at $1,212,000. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in Amplify Bloomberg AI Value Chain ETF in the 2nd quarter valued at $24,175,000.
Amplify Bloomberg AI Value Chain ETF Stock Performance
Shares of AIVC traded down $4.18 during trading hours on Friday, reaching $104.86. 4,344 shares of the company traded hands, compared to its average volume of 11,316. The stock’s fifty day moving average is $113.22 and its 200 day moving average is $104.90. The stock has a market cap of $125.83 million, a P/E ratio of 21.80 and a beta of 1.30. Amplify Bloomberg AI Value Chain ETF has a 1-year low of $61.11 and a 1-year high of $124.23.
About Amplify Bloomberg AI Value Chain ETF
The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.
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