Welcome to our dedicated page for Amplify Online Retail ETF news (Ticker: IBUY), a resource for investors and traders seeking the latest updates and insights on Amplify Online Retail ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Amplify Online Retail ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Amplify Online Retail ETF's position in the market.
Amplify ETFs reported a remarkable 285% growth in assets during 2020, surpassing $3 billion in assets under management since its 2016 inception. The firm’s product lineup includes ten ETFs, with significant assets in Core ($770 million), Income ($450 million), and Thematic ($1.87 billion) categories. The Amplify Online Retail ETF (IBUY) leads this growth, managing over $1.4 billion, and holds a 5-star Morningstar rating. The company's success is attributed in part to its innovative investment strategies aimed at growth, income, and capital preservation.
Amplify Transformational Data Sharing ETF (BLOK) reports a 64.39% increase in its portfolio of blockchain-related stocks and indirect bitcoin exposure over the past year. The ETF has surpassed $250 million in assets under management, demonstrating strong growth. CEO Christian Magoon highlights the expanding applications of blockchain technology across various industries, positioning BLOK as an attractive investment option. The fund is managed by Toroso Investments and aims to invest in leading companies within the blockchain sector.
Amplify ETFs has launched the Amplify Pure Junior Gold Miners ETF (NYSE Arca: JGLD), targeting investors interested in junior and exploratory gold mining companies. This ETF aims to mirror the EQM Pure Junior Gold Miners Index, focusing solely on small and mid-cap gold producers. It imposes strict criteria: companies must not produce over 1 million troy ounces of gold and must derive at least 75% of revenues from gold. With an expense ratio of just 0.49%, JGLD offers efficient investment exposure. Amplify ETFs manages over $2.5 billion in assets as of November 30, 2020.
The Amplify Online Retail ETF (IBUY) has achieved significant milestones, surpassing $1 billion in assets under management. With a remarkable one-year return of 83.80%, IBUY outperformed the S&P Retail Select Industry Index, which recorded only 9.41%. Since its inception in April 2016, IBUY has delivered a cumulative return of 255.98%, compared to major indices like the S&P 500 and NASDAQ 100. The fund is recognized with a 5-star overall rating from Morningstar, ranking #1 among 40 funds in the Consumer Cyclical category over the last three years, showcasing its strong performance in the evolving online retail sector.
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