Amplify Travel Tech ETF (NYSEARCA:AWAY) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Amplify Travel Tech ETF (NYSEARCA:AWAY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $21.00 and traded as high as $22.32. Amplify Travel Tech ETF shares last traded at $22.28, with a volume of 21,936 shares.

Amplify Travel Tech ETF Stock Performance

The firm’s 50 day simple moving average is $21.10 and its 200-day simple moving average is $19.93. The company has a market capitalization of $94.83 million, a price-to-earnings ratio of 54.50 and a beta of 1.27.

Institutional Investors Weigh In On Amplify Travel Tech ETF

Several hedge funds have recently bought and sold shares of AWAY. Banque Cantonale Vaudoise acquired a new position in shares of Amplify Travel Tech ETF in the 2nd quarter valued at about $132,000. Cetera Advisors LLC purchased a new position in Amplify Travel Tech ETF during the first quarter valued at approximately $275,000. Finally, Jane Street Group LLC grew its position in Amplify Travel Tech ETF by 272.0% during the third quarter. Jane Street Group LLC now owns 91,656 shares of the company’s stock valued at $1,865,000 after purchasing an additional 67,020 shares in the last quarter.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.