Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Reaches New 1-Year High – Still a Buy?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $38.57 and last traded at $38.4450, with a volume of 75692 shares traded. The stock had previously closed at $38.27.

Amplify CWP International Enhanced Dividend Income ETF Stock Performance

The stock has a market cap of $506.30 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. The firm’s 50-day simple moving average is $37.21 and its two-hundred day simple moving average is $35.09.

Institutional Trading of Amplify CWP International Enhanced Dividend Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IDVO. Pinnacle Bancorp Inc. acquired a new position in Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter worth $128,000. West Michigan Advisors LLC increased its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 4.7% in the 1st quarter. West Michigan Advisors LLC now owns 17,935 shares of the company’s stock valued at $564,000 after buying an additional 800 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF in the 2nd quarter valued at $581,000. EverSource Wealth Advisors LLC raised its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 126.3% during the first quarter. EverSource Wealth Advisors LLC now owns 42,005 shares of the company’s stock worth $1,321,000 after acquiring an additional 23,443 shares during the last quarter. Finally, OLD Mission Capital LLC lifted its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 186.4% during the first quarter. OLD Mission Capital LLC now owns 48,020 shares of the company’s stock valued at $1,510,000 after acquiring an additional 31,251 shares during the period.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy.