Amplify Travel Tech ETF

Amplify Travel Tech ETF

AWAY
Amplify Travel Tech ETFUS flagNew York Stock Exchange Arca
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USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Samuel Masucci
Sector
Financial Services
Industry
Asset Management
Address
3333 Warrenville Road Lisle IL United States of America 60532
IPO Date
Feb 12, 2020
Business
Amplify Travel Tech ETF (AWAY) is an exchange-traded fund that provides investors with targeted exposure to technology-focused companies in the global travel and tourism industry by seeking to track the Prime Travel Technology Index NTR before fees and expenses. Launched on February 12, 2020, and sponsored by Amplify Investments LLC, with Tidal Investments LLC serving as sub-adviser, the ETF holds a diversified portfolio of approximately 32-33 global equities weighted by proprietary market capitalization and liquidity, encompassing categories such as travel bookings and reservations (56.98%), ride sharing and hailing (11.83%), travel price comparison (15.98%), and travel advice (15.13%). Top holdings include Tripadvisor Inc. (5.05%), Global Business Travel Group Inc. (4.80%), Uber Technologies Inc. (4.76%), Expedia Group Inc. (4.76%), and eDreams ODIGEO S.A. (4.72%), among others like Booking Holdings Inc., TravelSky Technology Ltd., and SiteMinder Ltd., focusing on firms that leverage internet and mobile technologies for travel-related services including bookings, reservations, price comparisons, ride-sharing, and advisory tools. The fund operates across global markets, targeting companies in consumer cyclical and technology sectors serving online travel agencies, ride-sharing platforms, and travel tech businesses in regions including North America, Europe, Asia-Pacific, and beyond, with a total expense ratio of 0.75% and assets under management of approximately $44 million. Headquartered in Lisle, Illinois, Amplify Investments manages AWAY as part of its broader suite of thematic, income, and core ETFs distributed through NYSE Arca. In a significant strategic expansion completed in January 2024, Amplify ETFs acquired the exchange-traded fund lineup of ETF Managers Group (ETFMG), including the prior ETFMG Travel Tech ETF (also ticker AWAY), doubling its product offerings to over 30 ETFs and boosting assets under management to more than $9.1 billion, enhancing distribution access and platform approvals for innovative thematic strategies like travel technology. This transaction, announced in June 2023 and facilitated by advisors Oppenheimer & Co. and Rockefeller Capital Management, integrated complementary first-to-market products without disclosing specific terms, marking a key consolidation in the ETF industry. No major new product launches, funding rounds, or operational shifts specific to AWAY have been reported in the last 1-2 years beyond ongoing quarterly index rebalancing and standard income distributions.