SCHEDULE 13G: Amplify ETF Trust Discloses 5.22% Passive Stake in BEYOND, INC.
Ownership Disclosure
Amplify Transformational Data Sharing ETF, a series of the Amplify ETF Trust, has reported a passive 5.22% ownership stake in BEYOND, INC. as of December 31, 2024.
Summary
- Amplify Transformational Data Sharing ETF, a series of the Amplify ETF Trust, filed a Schedule 13G disclosing its beneficial ownership in BEYOND, INC.
- As of December 31, 2024, Amplify Transformational Data Sharing ETF beneficially owned 2,403,119 shares of BEYOND, INC. Common Stock.
- This ownership represents 5.22% of the total outstanding shares of BEYOND, INC.
- The filing indicates that Amplify Transformational Data Sharing ETF holds sole voting power and sole dispositive power over all 2,403,119 shares.
- The filing was made under Rule 13d-1(b), signifying that Amplify ETF Trust is a passive investor and does not intend to influence control over BEYOND, INC.
Sentiment
Score: 6
Explanation: The disclosure of a significant passive stake by an institutional investor like an ETF is generally a neutral to slightly positive signal, indicating that the company meets the investment criteria of a specialized fund.
Positives
- The disclosure of a 5.22% stake by an institutional investor like Amplify Transformational Data Sharing ETF may signal institutional confidence and interest in BEYOND, INC.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a standard regulatory disclosure required when an institutional investor, such as an ETF, acquires beneficial ownership of more than 5% of a company's outstanding shares. It provides transparency regarding significant ownership stakes, particularly for passive investors who do not seek to influence management or control.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder, which can influence investor perception and potentially liquidity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement, representing the ownership stake as of this date. |
| 02/14/2025 | Date the Schedule 13G statement was signed and filed. |
Keywords
BEYOND INC, Amplify Transformational Data Sharing ETF, Amplify ETF Trust, Schedule 13G, Ownership Disclosure, Institutional Investment, Common Stock, Passive Stake, SEC Filing
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