Williams & Novak LLC Raises Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Williams & Novak LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 155.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,539 shares of the company’s stock after purchasing an additional 14,307 shares during the period. Williams & Novak LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,076,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Financial Designs Corp grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.5% during the 4th quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock valued at $13,476,000 after purchasing an additional 12,906 shares during the period. Benchmark Financial Wealth Advisors LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth approximately $1,513,000. DeLarme Wealth Management Inc. bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth approximately $1,367,000. Key Client Fiduciary Advisors LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 58.1% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 34,625 shares of the company’s stock worth $1,541,000 after buying an additional 12,725 shares during the last quarter. Finally, CPC Advisors LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 3.0% in the fourth quarter. CPC Advisors LLC now owns 615,353 shares of the company’s stock worth $27,383,000 after buying an additional 18,113 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.2%

Shares of NYSEARCA DIVO opened at $48.00 on Friday. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $42.80 and a 12-month high of $48.20. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 22.46 and a beta of 0.64. The firm has a 50 day moving average of $46.42 and a 200 day moving average of $46.00.

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.