IBUY ETF Rebounds in October as Core Holdings Rally
The Amplify Online Retail ETF (IBUY) rose 3.14% in October as of the 14th, driven by gains in key holdings like FIGS, Etsy, Maplebear, Chewy, and Lyft. The ETF declined 3.64% in Q3, but e-commerce growth and AI tools support its outlook. U.S. e-commerce sales grew 12.2% YoY in Q2, per Census Bureau data.