Janney Montgomery Scott LLC Boosts Stock Holdings in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Janney Montgomery Scott LLC lifted its stake in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) by 3.7% in the fourth quarter, HoldingsChannel reports. The firm owned 1,491,535 shares of the company’s stock after acquiring an additional 53,528 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Amplify YieldShares CWP Dividend & Option Income ETF were worth $60,377,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. West Michigan Advisors LLC raised its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 0.8% in the 3rd quarter. West Michigan Advisors LLC now owns 329,266 shares of the company’s stock valued at $13,562,000 after purchasing an additional 2,609 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in Amplify YieldShares CWP Dividend & Option Income ETF by 5.7% in the third quarter. Jaffetilchin Investment Partners LLC now owns 103,669 shares of the company’s stock valued at $4,270,000 after buying an additional 5,622 shares during the last quarter. United Advisor Group LLC raised its stake in Amplify YieldShares CWP Dividend & Option Income ETF by 90.6% in the third quarter. United Advisor Group LLC now owns 13,978 shares of the company’s stock valued at $576,000 after buying an additional 6,643 shares in the last quarter. Rosenberg Matthew Hamilton purchased a new stake in Amplify YieldShares CWP Dividend & Option Income ETF during the 4th quarter worth about $330,000. Finally, Private Trust Co. NA boosted its position in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 170.7% during the 3rd quarter. Private Trust Co. NA now owns 12,981 shares of the company’s stock worth $535,000 after acquiring an additional 8,185 shares in the last quarter.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

Shares of NYSEARCA DIVO opened at $42.17 on Friday. The stock’s 50-day simple moving average is $41.49 and its 200-day simple moving average is $40.74. The firm has a market capitalization of $3.46 billion, a PE ratio of 15.30 and a beta of 0.55. Amplify YieldShares CWP Dividend & Option Income ETF has a fifty-two week low of $36.90 and a fifty-two week high of $42.88.

Amplify YieldShares CWP Dividend & Option Income ETF Company Profile

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.