Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) Trading Up 1.9% – Should You Buy?

Shares of Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) shot up 1.9% on Monday . The stock traded as high as $21.58 and last traded at $21.45. 2,533 shares were traded during mid-day trading, an increase of 22% from the average session volume of 2,082 shares. The stock had previously closed at $21.04.

Amplify BlackSwan ISWN ETF Trading Up 1.9%

The company’s 50 day moving average is $22.32 and its 200-day moving average is $21.72.

Institutional Trading of Amplify BlackSwan ISWN ETF

An institutional investor recently bought a new position in Amplify BlackSwan ISWN ETF stock. NewEdge Advisors LLC purchased a new stake in Amplify BlackSwan ISWN ETF (NYSEARCA:ISWN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,550 shares of the company’s stock, valued at approximately $589,000. NewEdge Advisors LLC owned about 1.81% of Amplify BlackSwan ISWN ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Amplify BlackSwan ISWN ETF

The Amplify BlackSwan ISWN ETF (ISWN) is an exchange-traded fund that is based on the S-Network International BlackSwan index. The fund tracks an index of two low-correlated assets: international developed equity markets and US Treasurys. The fund uses LEAP options to execute its strategy. ISWN was launched on Jan 26, 2021 and is managed by Amplify.