Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Hits New 1-Year High – Still a Buy?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $43.76 and last traded at $43.4950, with a volume of 138061 shares traded. The stock had previously closed at $43.47.

Amplify CWP International Enhanced Dividend Income ETF Trading Down 0.5%

The firm has a market capitalization of $896.37 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. The firm has a 50 day moving average price of $40.87 and a two-hundred day moving average price of $38.36.

Amplify CWP International Enhanced Dividend Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a dividend of $0.215 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. This is a positive change from Amplify CWP International Enhanced Dividend Income ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Thursday, January 29th.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new stake in Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter worth $128,000. Arkadios Wealth Advisors acquired a new position in shares of Amplify CWP International Enhanced Dividend Income ETF during the fourth quarter worth about $229,000. Farther Finance Advisors LLC boosted its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% in the third quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock worth $829,000 after buying an additional 5,310 shares during the period. West Michigan Advisors LLC grew its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the fourth quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock valued at $899,000 after buying an additional 2,855 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 27.6% in the second 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.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

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.