Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Bought by Prostatis Group LLC

Prostatis Group LLC boosted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 3.8% during the third quarter, Holdings Channel reports. The institutional investor owned 458,617 shares of the company’s stock after purchasing an additional 16,655 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises approximately 5.1% of Prostatis Group LLC’s portfolio, making the stock its 2nd largest holding. Prostatis Group LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $20,441,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter worth approximately $49,000. Simplex Trading LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 934.6% during the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after purchasing an additional 1,215 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Amplify CWP Enhanced Dividend Income ETF by 127.8% in the third quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock valued at $61,000 after purchasing an additional 772 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at $63,000. Finally, AE Wealth Management LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 15.3% during the 3rd quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock worth $121,000 after buying an additional 358 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $45.73 on Monday. The company has a market cap of $6.20 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72. The firm has a 50-day moving average of $45.43 and a 200-day moving average of $44.49. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $46.23.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a dividend of $0.1826 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Thursday, January 29th.

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.