Arkadios Wealth Advisors Acquires New Stake in Amplify AI Powered Equity ETF $AIEQ

Arkadios Wealth Advisors acquired a new stake in Amplify AI Powered Equity ETF (NYSEARCA:AIEQ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,222 shares of the company’s stock, valued at approximately $221,000. Arkadios Wealth Advisors owned 0.20% of Amplify AI Powered Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Separately, LPL Financial LLC boosted its holdings in shares of Amplify AI Powered Equity ETF by 10.0% in the first quarter. LPL Financial LLC now owns 187,074 shares of the company’s stock valued at $6,896,000 after acquiring an additional 17,044 shares in the last quarter.

Amplify AI Powered Equity ETF Stock Down 1.5%

Shares of Amplify AI Powered Equity ETF stock opened at $44.51 on Friday. The firm has a market cap of $117.06 million, a price-to-earnings ratio of 26.62 and a beta of 1.16. Amplify AI Powered Equity ETF has a 52-week low of $31.27 and a 52-week high of $46.63. The company’s 50-day simple moving average is $44.86 and its 200-day simple moving average is $42.60.

Amplify AI Powered Equity ETF Profile

The AI Powered Equity ETF (AIEQ) is an exchange-traded fund that is based on the S&P Total Market index. The fund is an actively-managed fund of US stocks selected by a proprietary, quantitative model that incorporates artificial intelligence (AI). AIEQ was launched on Oct 17, 2017 and is managed by ETF Managers Group.