Amplify High Income ETF (NYSEARCA:YYY) Shares Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC increased its stake in shares of Amplify High Income ETF (NYSEARCA:YYY) by 1,052.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,808 shares of the company’s stock after buying an additional 240,908 shares during the quarter. Strategic Financial Concepts LLC owned about 0.73% of Amplify High Income ETF worth $3,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors increased its holdings in shares of Amplify High Income ETF by 36.6% in the third quarter. Arkadios Wealth Advisors now owns 15,306 shares of the company’s stock valued at $189,000 after purchasing an additional 4,100 shares during the period. J.W. Cole Advisors Inc. grew its position in 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 valued at $779,000 after buying an additional 34,488 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in Amplify High Income ETF in the 3rd quarter valued at $164,000. Concurrent Investment Advisors LLC raised its position in Amplify High Income ETF by 21.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 19,785 shares of the company’s stock worth $244,000 after buying an additional 3,448 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in shares of Amplify High Income ETF in the 3rd quarter worth $215,000.

Amplify High Income ETF Trading Down 0.8 %

Shares of YYY opened at $11.87 on Monday. The stock’s 50 day moving average is $11.86 and its two-hundred day moving average is $12.02. Amplify High Income ETF has a twelve month low of $11.42 and a twelve month high of $12.40. The firm has a market capitalization of $428.51 million, a PE ratio of 15.05 and a beta of 0.47.

Amplify High Income ETF Company 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.