NewEdge Advisors LLC Has $21.39 Million Stock Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

NewEdge Advisors LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 468,004 shares of the company’s stock after buying an additional 22,378 shares during the period. NewEdge Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $21,388,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Reliant Wealth Planning bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth about $45,289,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 359.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,452 shares of the company’s stock worth $46,256,000 after acquiring an additional 813,385 shares during the period. Raymond James Financial Inc. boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% during the 4th quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock worth $693,577,000 after acquiring an additional 772,345 shares in the last quarter. CPC Advisors LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 99.1% in the first quarter. CPC Advisors LLC now owns 1,225,470 shares of the company’s stock valued at $54,962,000 after acquiring an additional 610,117 shares during the last quarter. Finally, Morgan Stanley increased its stake in Amplify CWP Enhanced Dividend Income ETF by 22.8% in the fourth quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock valued at $130,357,000 after acquiring an additional 543,114 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $47.49 on Friday. The firm has a 50 day simple moving average of $47.53 and a two-hundred day simple moving average of $46.36. Amplify CWP Enhanced Dividend Income ETF has a one year low of $43.46 and a one year high of $49.03. The company has a market cap of $7.72 billion, a P/E ratio of 22.46 and a beta of 0.65.

Amplify CWP Enhanced Dividend Income ETF Company Profile

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.