Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Purchased by Financial Insights Inc.

Financial Insights Inc. increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 10.4% during the second quarter, HoldingsChannel.com reports. The fund owned 60,545 shares of the company’s stock after buying an additional 5,690 shares during the period. Amplify CWP Enhanced Dividend Income ETF accounts for about 0.9% of Financial Insights Inc.’s holdings, making the stock its 23rd largest holding. Financial Insights Inc.’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $2,576,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $223,000. Institute for Wealth Management LLC. boosted its position in Amplify CWP Enhanced Dividend Income ETF by 5.8% during the second quarter. Institute for Wealth Management LLC. now owns 7,088 shares of the company’s stock worth $302,000 after acquiring an additional 391 shares during the last quarter. Truist Financial Corp boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 15.0% in the 2nd quarter. Truist Financial Corp now owns 1,149,013 shares of the company’s stock valued at $48,890,000 after purchasing an additional 149,465 shares during the last quarter. Alliance Wealth Advisors LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.8% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 18,984 shares of the company’s stock valued at $808,000 after purchasing an additional 334 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 5.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 1,691,925 shares of the company’s stock valued at $71,991,000 after purchasing an additional 80,853 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA:DIVO opened at $44.63 on Friday. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 22.46 and a beta of 0.77. The company’s 50-day moving average is $43.61 and its two-hundred day moving average is $41.94. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $44.70.

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.