Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) Stock Price Down 2.7% – Time to Sell?

Shares of Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) traded down 2.7% during trading on Wednesday . The stock traded as low as $29.83 and last traded at $29.87. 11,794 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 25,185 shares. The stock had previously closed at $30.71.

Amplify BlackSwan Growth & Treasury Core ETF Stock Performance

The stock’s 50 day moving average price is $30.33 and its two-hundred day moving average price is $29.63.

Institutional Investors Weigh In On Amplify BlackSwan Growth & Treasury Core ETF

A number of large investors have recently bought and sold shares of the stock. McAdam LLC raised its holdings in shares of Amplify BlackSwan Growth & Treasury Core ETF by 2.6% in the second quarter. McAdam LLC now owns 120,763 shares of the company’s stock worth $3,426,000 after acquiring an additional 3,034 shares during the last quarter. Impact Partnership Wealth LLC increased its position in Amplify BlackSwan Growth & Treasury Core ETF by 11.7% during the 2nd quarter. Impact Partnership Wealth LLC now owns 7,862 shares of the company’s stock worth $223,000 after purchasing an additional 824 shares in the last quarter. NewEdge Advisors LLC raised its stake in Amplify BlackSwan Growth & Treasury Core ETF by 1.7% in the 2nd quarter. NewEdge Advisors LLC now owns 221,226 shares of the company’s stock valued at $6,276,000 after purchasing an additional 3,636 shares during the last quarter. Sollinda Capital Management LLC purchased a new position in Amplify BlackSwan Growth & Treasury Core ETF in the 3rd quarter valued at about $8,067,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Amplify BlackSwan Growth & Treasury Core ETF during the 3rd quarter worth about $5,035,000.

About Amplify BlackSwan Growth & Treasury Core ETF

The Amplify BlackSwan Growth & Treasury Core ETF (SWAN) is an exchange-traded fund that is based on the S-Network BlackSwan Core index. The fund tracks an index of long-dated options on an S&P 500 ETF (SPY) and US Treasurys averaging 10-year maturity. SWAN was launched on Nov 6, 2018 and is managed by Amplify.