Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Update

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 26,614 shares, a decline of 36.3% from the February 26th total of 41,760 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 319,834 shares, the days-to-cover ratio is presently 0.1 days.

Amplify CWP Growth & Income ETF Stock Down 1.9%

QDVO opened at $26.70 on Friday. The business has a fifty day simple moving average of $28.20 and a 200-day simple moving average of $28.89. Amplify CWP Growth & Income ETF has a 52 week low of $21.60 and a 52 week high of $30.40. The firm has a market cap of $555.36 million, a P/E ratio of 35.30 and a beta of 1.03.

Amplify CWP Growth & Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.2363 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 10.6%.

Institutional Trading of Amplify CWP Growth & Income ETF

Hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its stake in shares of Amplify CWP Growth & Income ETF by 822.2% during the third quarter. Raymond James Financial Inc. now owns 644,420 shares of the company’s stock worth $18,714,000 after purchasing an additional 574,541 shares in the last quarter. Merit Financial Group LLC raised its position in Amplify CWP Growth & Income ETF by 3.3% during the 4th quarter. Merit Financial Group LLC now owns 622,854 shares of the company’s stock worth $18,075,000 after buying an additional 20,052 shares during the last quarter. Royal Bank of Canada lifted its position in Amplify CWP Growth & Income ETF by 20.0% in the fourth quarter. Royal Bank of Canada now owns 317,566 shares of the company’s stock valued at $9,216,000 after purchasing an additional 52,931 shares during the period. LPL Financial LLC lifted its holdings in shares of Amplify CWP Growth & Income ETF by 17.4% in the 4th quarter. LPL Financial LLC now owns 243,983 shares of the company’s stock valued at $7,080,000 after buying an additional 36,241 shares during the period. Finally, Visionary Wealth Advisors lifted its holdings in Amplify CWP Growth & Income ETF by 15.9% in the fourth quarter. Visionary Wealth Advisors now owns 113,043 shares of the company’s stock valued at $3,280,000 after acquiring an additional 15,521 shares during the period.

About Amplify CWP Growth & Income ETF

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.