Wedbush Securities Inc. Has $8.73 Million Stock Holdings in Amplify High Income ETF $YYY

Wedbush Securities Inc. increased its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 37.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 325,327 shares of the company’s stock after acquiring an additional 88,794 shares during the quarter. Wedbush Securities Inc. owned about 0.51% of Amplify High Income ETF worth $8,732,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Allied Private Wealth LLC bought a new position in shares of Amplify High Income ETF during the second quarter worth $450,000. First Heartland Consultants Inc. increased its position in shares of Amplify High Income ETF by 9.9% in the 2nd quarter. First Heartland Consultants Inc. now owns 74,788 shares of the company’s stock valued at $862,000 after buying an additional 6,725 shares in the last quarter. VectorGlobal IAG Inc. bought a new stake in shares of Amplify High Income ETF in the 1st quarter valued at $631,000. Western Wealth Management LLC bought a new stake in shares of Amplify High Income ETF in the first quarter worth about $66,000. Finally, Centaurus Financial Inc. raised its position in shares of Amplify High Income ETF by 145.1% during the first quarter. Centaurus Financial Inc. now owns 41,805 shares of the company’s stock worth $461,000 after purchasing an additional 24,750 shares during the period.

Amplify High Income ETF Price Performance

NYSEARCA:YYY opened at $11.26 on Friday. Amplify High Income ETF has a fifty-two week low of $10.69 and a fifty-two week high of $11.93. The stock has a market capitalization of $724.58 million, a PE ratio of 22.17 and a beta of 0.72. The business’s 50-day simple moving average is $11.44 and its 200-day simple moving average is $11.44.

Amplify High Income ETF 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.