Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Shares Down 1% – What’s Next?

Shares of Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) fell 1% during mid-day trading on Thursday . The company traded as low as $42.64 and last traded at $42.73. 184,425 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 333,309 shares. The stock had previously closed at $43.17.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

The company has a 50 day moving average of $42.70 and a 200-day moving average of $42.15. The company has a market cap of $1.37 billion, a P/E ratio of 16.90 and a beta of 0.68.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IDVO. Janney Montgomery Scott LLC raised its stake in Amplify CWP International Enhanced Dividend Income ETF by 11.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock valued at $29,613,000 after purchasing an additional 81,057 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 4th quarter valued at $229,000. Atlas Wealth LLC purchased a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 1st quarter valued at $53,000. Reliant Wealth Planning bought a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 1st quarter worth $374,000. Finally, EverSource Wealth Advisors LLC grew its position in Amplify CWP International Enhanced Dividend Income ETF by 278.0% in the first quarter. EverSource Wealth Advisors LLC now owns 155,789 shares of the company’s stock worth $6,305,000 after acquiring an additional 114,580 shares in 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.