Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Trading Down 2.4% – Here’s Why

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s stock price traded down 2.4% on Friday . The stock traded as low as $41.87 and last traded at $41.96. 331,964 shares were traded during mid-day trading, a decline of 18% from the average session volume of 405,203 shares. The stock had previously closed at $42.99.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

The business’s 50 day moving average is $41.45 and its 200-day moving average is $40.44. The company has a market cap of $1.14 billion, a PE ratio of 16.90 and a beta of 0.70.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IDVO. Atlas Wealth LLC purchased a new position in Amplify CWP International Enhanced Dividend Income ETF in the first quarter worth approximately $53,000. Arkadios Wealth Advisors purchased a new position in Amplify CWP International Enhanced Dividend Income ETF in the fourth quarter worth approximately $229,000. Farther Finance Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 2.9% in the fourth quarter. Farther Finance Advisors LLC now owns 22,878 shares of the company’s stock worth $877,000 after acquiring an additional 647 shares during the last quarter. West Michigan Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the fourth quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock worth $899,000 after acquiring an additional 2,855 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 2.4% in the third quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock worth $2,047,000 after acquiring an additional 1,291 shares during the last quarter.

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. IDVO was launched on Sep 8, 2022 and is managed by Amplify.