Amplify High Income ETF (NYSEARCA:YYY) Trading 0.3% Higher – Here’s What Happened

Amplify High Income ETF (NYSEARCA:YYY) was up 0.3% on Tuesday . The stock traded as high as $11.69 and last traded at $11.68. Approximately 306,930 shares traded hands during trading, an increase of 4% from the average daily volume of 295,863 shares. The stock had previously closed at $11.65.

Amplify High Income ETF Stock Up 0.4%

The stock has a market capitalization of $641.63 million, a price-to-earnings ratio of 22.17 and a beta of 0.76. The stock has a fifty day moving average of $11.63 and a 200-day moving average of $11.71.

Hedge Funds Weigh In On Amplify High Income ETF

Several large investors have recently bought and sold shares of YYY. Triumph Capital Management purchased a new position in shares of Amplify High Income ETF during the third quarter worth about $105,000. NewEdge Advisors LLC boosted its position in shares of Amplify High Income ETF by 12.6% in the 3rd quarter. NewEdge Advisors LLC now owns 64,173 shares of the company’s stock valued at $758,000 after purchasing an additional 7,204 shares during the period. Larson Financial Group LLC grew its stake in Amplify High Income ETF by 86.6% during the 3rd quarter. Larson Financial Group LLC now owns 190,039 shares of the company’s stock worth $2,244,000 after buying an additional 88,200 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in Amplify High Income ETF by 23.9% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 91,779 shares of the company’s stock worth $1,084,000 after buying an additional 17,686 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Amplify High Income ETF by 1,126,300.0% during the third quarter. Bank of America Corp DE now owns 11,264 shares of the company’s stock worth $133,000 after buying an additional 11,263 shares during the period.

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.