Ameriprise Financial Inc. Sells 9,022 Shares of Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT)

Ameriprise Financial Inc. decreased its stake in shares of Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,593 shares of the company’s stock after selling 9,022 shares during the quarter. Ameriprise Financial Inc. owned about 1.16% of Amplify Lithium & Battery Technology ETF worth $947,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. HighTower Advisors LLC increased its stake in Amplify Lithium & Battery Technology ETF by 13.5% during the 4th quarter. HighTower Advisors LLC now owns 39,519 shares of the company’s stock valued at $348,000 after purchasing an additional 4,711 shares in the last quarter. Sherman Asset Management Inc. acquired a new position in Amplify Lithium & Battery Technology ETF during the 4th quarter valued at approximately $53,000. Raymond James Financial Inc. acquired a new position in Amplify Lithium & Battery Technology ETF during the 4th quarter valued at approximately $138,000. Finally, LPL Financial LLC increased its stake in Amplify Lithium & Battery Technology ETF by 60.4% during the 4th quarter. LPL Financial LLC now owns 159,404 shares of the company’s stock valued at $1,403,000 after purchasing an additional 60,010 shares in the last quarter.

Amplify Lithium & Battery Technology ETF Trading Down 2.1%

Shares of Amplify Lithium & Battery Technology ETF stock opened at $8.59 on Monday. Amplify Lithium & Battery Technology ETF has a 12-month low of $6.78 and a 12-month high of $10.20. The firm has a market capitalization of $56.26 million, a price-to-earnings ratio of 18.71 and a beta of 1.14. The firm’s 50 day simple moving average is $8.22 and its two-hundred day simple moving average is $8.74.

Amplify Lithium & Battery Technology ETF 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.