Amplify Bloomberg AI Value Chain ETF AIVC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Amplify Bloomberg AI Value Chain ETF (AIVC) Investment Strategy and Portfolio Holdings Overview
AIVC provides exposure to a narrow portfolio consisting of 45 leading companies tied to the cloud and AI ecosystems. The strategy groups the ecosystem into three segments: cloud computing, AI hardware, and AI semiconductors that collectively power next-generation computing. Stock selection targets the top 15 companies within each segment based on market capitalization. Securities are then equally weighted. The index is reconstituted and rebalanced quarterly. The fund was restructured on April 7, 2020, having previously operated as ETFMG Drone Economy Strategy ETF under the ticker IFLY, tracking the Reality Shares Drone Index. It later traded as Wedbush ETFMG Global Cloud Technology ETF until January 29, 2024. Prior to October 14, 2024, the fund was named Amplify Global Cloud Technology ETF, traded under the ticker IVES, and tracked the Prime Global Cloud Technology Index.
Key Insights
Amplify Bloomberg AI Value Chain ETF (AIVC) Essential ETF Metrics and Performance Data
Latest Closing Price
$50.3784Market Cap
$24.66 MillionAverage Trade Volume
1,317 SharesInception Date
October 7, 2024Primary Exchange
New York Stock Exchange Archipelago
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Historical Stock Splits
Execution Date | Split Amount |
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