Strategic Financial Concepts LLC Acquires New Position in Amplify High Income ETF (NYSEARCA:YYY)

Strategic Financial Concepts LLC acquired a new stake in Amplify High Income ETF (NYSEARCA:YYY) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 21,800 shares of the company’s stock, valued at approximately $263,000. Strategic Financial Concepts LLC owned 0.06% of Amplify High Income ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carmichael Hill & Associates Inc. lifted its holdings in shares of Amplify High Income ETF by 43.9% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 3,599 shares of the company’s stock valued at $42,000 after buying an additional 1,098 shares during the last quarter. ORG Partners LLC lifted its stake in Amplify High Income ETF by 107.8% in the third quarter. ORG Partners LLC now owns 6,000 shares of the company’s stock valued at $67,000 after acquiring an additional 3,113 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in Amplify High Income ETF in the fourth quarter worth approximately $118,000. Endowment Wealth Management Inc. bought a new stake in Amplify High Income ETF in the fourth quarter worth approximately $122,000. Finally, Sigma Planning Corp acquired a new position in shares of Amplify High Income ETF during the 3rd quarter worth $128,000.

Amplify High Income ETF Stock Performance

Shares of YYY traded down $0.07 during trading hours on Tuesday, hitting $11.61. 308,066 shares of the company were exchanged, compared to its average volume of 251,204. The company has a market cap of $445.24 million, a PE ratio of 15.18 and a beta of 0.47. The firm’s 50 day moving average is $11.86 and its 200-day moving average is $11.61. Amplify High Income ETF has a 52 week low of $10.37 and a 52 week high of $12.10.

Amplify High Income ETF Company Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.