Amplify CWP Enhanced Dividend Income ETF $DIVO Stock: Signal Advisors Wealth LLC Grows Position

Signal Advisors Wealth LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 55.9% in the third quarter, HoldingsChannel reports. The fund owned 66,990 shares of the company’s stock after purchasing an additional 24,029 shares during the period. Signal Advisors Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $3,114,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIVO. Tsfg LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 31.0% during the 2nd quarter. Tsfg LLC now owns 1,386 shares of the company’s stock valued at $63,000 after acquiring an additional 328 shares during the period. Atwood & Palmer Inc. bought a new position in Amplify CWP Enhanced Dividend Income ETF during the 3rd quarter worth approximately $99,000. Blue Trust Inc. grew its position in Amplify CWP Enhanced Dividend Income ETF by 1,295.8% during the 1st quarter. Blue Trust Inc. now owns 2,652 shares of the company’s stock worth $119,000 after acquiring an additional 2,462 shares during the last quarter. Operose Advisors LLC bought a new position in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter worth approximately $126,000. Finally, Sound Income Strategies LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the 1st quarter worth approximately $181,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $47.55 on Thursday. The business’s 50 day simple moving average is $47.78 and its two-hundred day simple moving average is $46.61. The stock has a market capitalization of $7.92 billion, a P/E ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a one year low of $43.79 and a one year high of $49.03.

About Amplify CWP Enhanced Dividend Income ETF

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.