Amplify ETFs Announces Online Retail ETF (IBUY) Exceeds $200 Million in Assets
Amplify Online Retail ETF (IBUY)
US:NASDAQ Investor Relations:
amplifyetfs.com/ibuy-online-retail-etf
Company Research
Source: Business Wire
Flagship fund has returned 78.40%* since April 2016 inception CHICAGO--(BUSINESS WIRE)-- Amplify ETFs has announced its flagship product, the Amplify Online Retail ETF (NASDAQ: IBUY), has surpassed $200 million in assets under management as it continues to capitalize on the worldwide growth of online retail sales. The fund has returned 58.31%* in the past year, and a cumulative return of 78.40%* since inception as of 1/31/2018. “Online retail sales only constitute 9% of total U.S. sales, and we believe e-commerce is a trend that will gain significant momentum well into the future,” said Christian Magoon, founder and CEO of Amplify ETFs. “IBUY presents a compelling opportunity for investors to capitalize on this robust growth potential within their traditional brick-and-mortar consumer discretionary and retail allocation.” IBUY began trading on April 20, 2016 and seeks to replicate the pri
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