Amplify High Income ETF $YYY Stock Sold by Wedbush Securities Inc.

Wedbush Securities Inc. decreased its stake in Amplify High Income ETF (NYSEARCA:YYY) by 27.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 235,629 shares of the company’s stock after selling 89,698 shares during the period. Wedbush Securities Inc. owned 0.37% of Amplify High Income ETF worth $2,446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. VectorGlobal IAG Inc. acquired a new position in shares of Amplify High Income ETF in the first quarter worth approximately $631,000. PFG Investments LLC boosted its holdings in Amplify High Income ETF by 491.1% in the first quarter. PFG Investments LLC now owns 65,527 shares of the company’s stock valued at $723,000 after acquiring an additional 54,442 shares during the last quarter. Western Wealth Management LLC acquired a new stake in Amplify High Income ETF during the 1st quarter valued at approximately $66,000. Cetera Investment Advisers increased its position in Amplify High Income ETF by 16.8% during the 1st quarter. Cetera Investment Advisers now owns 242,369 shares of the company’s stock valued at $2,673,000 after purchasing an additional 34,916 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in Amplify High Income ETF during the 1st quarter valued at approximately $77,000.

Amplify High Income ETF Stock Performance

Amplify High Income ETF stock opened at $10.20 on Friday. Amplify High Income ETF has a 52-week low of $10.17 and a 52-week high of $11.91. The firm has a 50 day moving average price of $10.78 and a two-hundred day moving average price of $11.22. The firm has a market cap of $652.29 million, a price-to-earnings ratio of 22.17 and a beta of 0.73.

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.