Sequoia Financial Advisors LLC Sells 43,298 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Sequoia Financial Advisors LLC decreased its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 710,559 shares of the company’s stock after selling 43,298 shares during the period. Sequoia Financial Advisors LLC owned 0.47% of Amplify CWP Enhanced Dividend Income ETF worth $31,869,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Kestra Advisory Services LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 12.9% during the 1st quarter. Kestra Advisory Services LLC now owns 24,001 shares of the company’s stock worth $1,076,000 after buying an additional 2,747 shares in the last quarter. Money Concepts Capital Corp lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 3.8% in the first quarter. Money Concepts Capital Corp now owns 7,209 shares of the company’s stock valued at $323,000 after buying an additional 267 shares during the period. Atlas Wealth Partners LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the first quarter valued at approximately $231,000. Ascentis Independent Advisors boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 7.3% during the first quarter. Ascentis Independent Advisors now owns 99,253 shares of the company’s stock worth $4,452,000 after purchasing an additional 6,751 shares in the last quarter. Finally, Stephens Inc. AR grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 155.1% in the 1st quarter. Stephens Inc. AR now owns 79,237 shares of the company’s stock valued at $3,554,000 after buying an additional 48,179 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.4%

Shares of NYSEARCA:DIVO traded up $0.19 during trading on Friday, hitting $46.46. 586,567 shares of the company’s stock traded hands, compared to its average volume of 896,291. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The company has a 50-day moving average price of $45.95 and a 200-day moving average price of $45.79. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $42.29 and a 52 week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Profile

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.