Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sets New 12-Month High – Time to Buy?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) hit a new 52-week high during trading on Wednesday . The stock traded as high as $38.97 and last traded at $38.75, with a volume of 31197 shares traded. The stock had previously closed at $38.80.

Amplify CWP International Enhanced Dividend Income ETF Trading Down 0.1%

The business’s 50 day moving average price is $37.82 and its two-hundred day moving average price is $36.16. The stock has a market cap of $510.92 million, a P/E ratio of 16.90 and a beta of 0.74.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new position in shares of Amplify CWP International Enhanced Dividend Income ETF in the 3rd quarter valued at approximately $128,000. Farther Finance Advisors LLC bought a new position in Amplify CWP International Enhanced Dividend Income ETF in the second quarter worth $581,000. West Michigan Advisors LLC lifted its position in Amplify CWP International Enhanced Dividend Income ETF by 7.5% during the second quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock valued at $662,000 after buying an additional 1,344 shares during the period. OLD Mission Capital LLC lifted its position in Amplify CWP International Enhanced Dividend Income ETF by 186.4% during the first quarter. OLD Mission Capital LLC now owns 48,020 shares of the company’s stock valued at $1,510,000 after buying an additional 31,251 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 27.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock valued at $1,842,000 after buying an additional 11,597 shares in the last quarter.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.