Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Trading Up 0.4% – Here’s Why

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) shares rose 0.4% during mid-day trading on Monday . The company traded as high as $40.87 and last traded at $40.84. Approximately 342,522 shares changed hands during trading, an increase of 27% from the average daily volume of 268,669 shares. The stock had previously closed at $40.66.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

The company’s 50 day moving average price is $41.65 and its 200-day moving average price is $40.42. The stock has a market cap of $3.38 billion, a P/E ratio of 15.30 and a beta of 0.55.

Institutional Investors Weigh In On Amplify YieldShares CWP Dividend & Option Income ETF

Institutional investors have recently added to or reduced their stakes in the company. West Michigan Advisors LLC boosted its position in Amplify YieldShares CWP Dividend & Option Income ETF by 0.8% in the third quarter. West Michigan Advisors LLC now owns 329,266 shares of the company’s stock worth $13,562,000 after purchasing an additional 2,609 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 5.7% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 103,669 shares of the company’s stock worth $4,270,000 after buying an additional 5,622 shares during the last quarter. United Advisor Group LLC grew its position in Amplify YieldShares CWP Dividend & Option Income ETF by 90.6% during the third quarter. United Advisor Group LLC now owns 13,978 shares of the company’s stock valued at $576,000 after buying an additional 6,643 shares during the period. Vantage Financial Partners LLC grew its position in Amplify YieldShares CWP Dividend & Option Income ETF by 2.3% during the second quarter. Vantage Financial Partners LLC now owns 324,191 shares of the company’s stock valued at $12,546,000 after buying an additional 7,406 shares during the period. Finally, Private Trust Co. NA increased its holdings in Amplify YieldShares CWP Dividend & Option Income ETF by 170.7% during the third quarter. Private Trust Co. NA now owns 12,981 shares of the company’s stock worth $535,000 after buying an additional 8,185 shares during the last quarter.

About Amplify YieldShares CWP Dividend & Option 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.