NewEdge Advisors LLC Increases Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

NewEdge Advisors LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 7.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 445,626 shares of the company’s stock after buying an additional 30,837 shares during the quarter. NewEdge Advisors LLC owned about 0.29% of Amplify CWP Enhanced Dividend Income ETF worth $19,986,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% during the fourth quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock valued at $693,577,000 after purchasing an additional 772,345 shares during the period. LPL Financial LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock valued at $331,426,000 after purchasing an additional 294,892 shares in the last quarter. Retirement Planning Group LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 9.9% during the 1st quarter. Retirement Planning Group LLC now owns 3,180,704 shares of the company’s stock worth $142,655,000 after buying an additional 287,226 shares during the period. Morgan Stanley increased its stake in Amplify CWP Enhanced Dividend Income ETF by 22.8% during the 4th quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock worth $130,357,000 after buying an additional 543,114 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 6.7% in the 4th quarter. HighTower Advisors LLC now owns 2,136,241 shares of the company’s stock worth $95,063,000 after buying an additional 135,065 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $48.00 on Friday. The business has a 50-day moving average of $46.42 and a 200-day moving average of $46.00. The company has a market capitalization of $7.81 billion, a PE ratio of 22.46 and a beta of 0.64. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $42.80 and a 1-year high of $48.20.

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.