First Heartland Consultants Inc. Takes $215,000 Position in Amplify High Income ETF (NYSEARCA:YYY)

First Heartland Consultants Inc. purchased a new position in Amplify High Income ETF (NYSEARCA:YYY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,442 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rockport Wealth LLC bought a new stake in shares of Amplify High Income ETF in the 1st quarter worth approximately $1,623,000. Cambridge Investment Research Advisors Inc. raised its position in shares of Amplify High Income ETF by 48.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 323,726 shares of the company’s stock worth $3,888,000 after purchasing an additional 105,126 shares during the last quarter. LJI Wealth Management LLC raised its position in shares of Amplify High Income ETF by 7.7% in the 2nd quarter. LJI Wealth Management LLC now owns 1,016,263 shares of the company’s stock worth $12,205,000 after purchasing an additional 72,324 shares during the last quarter. Cetera Advisors LLC purchased a new position in shares of Amplify High Income ETF in the 1st quarter worth about $589,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of Amplify High Income ETF by 120.1% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 63,200 shares of the company’s stock worth $779,000 after purchasing an additional 34,488 shares during the last quarter.

Amplify High Income ETF Price Performance

YYY opened at $12.07 on Thursday. The stock has a 50-day moving average price of $12.19 and a 200-day moving average price of $12.06. The firm has a market cap of $435.73 million, a PE ratio of 15.05 and a beta of 0.47. Amplify High Income ETF has a 1 year low of $11.12 and a 1 year high of $12.40.

Amplify High Income ETF Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.