Principle Wealth Partners LLC Increases Stock Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Principle Wealth Partners LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 33.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,208 shares of the company’s stock after purchasing an additional 7,568 shares during the quarter. Principle Wealth Partners LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,285,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sachetta LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 1.2% in the 2nd quarter. Sachetta LLC now owns 20,240 shares of the company’s stock valued at $861,000 after purchasing an additional 236 shares during the last quarter. Joseph P. Lucia & Associates LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 2.4% in the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 11,380 shares of the company’s stock valued at $484,000 after purchasing an additional 263 shares during the last quarter. Alliance Wealth Advisors LLC grew its stake in shares of 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. Institute for Wealth Management LLC. grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 5.8% in the 2nd quarter. Institute for Wealth Management LLC. now owns 7,088 shares of the company’s stock valued at $302,000 after purchasing an additional 391 shares during the last quarter. Finally, RDA Financial Network grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 1.1% in the 2nd quarter. RDA Financial Network now owns 42,591 shares of the company’s stock valued at $1,812,000 after purchasing an additional 453 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.1%

Shares of DIVO stock opened at $44.77 on Thursday. The business’s 50 day moving average is $43.97 and its two-hundred day moving average is $42.26. Amplify CWP Enhanced Dividend Income ETF has a twelve month low of $36.20 and a twelve month high of $44.96. The company has a market capitalization of $5.35 billion, a P/E ratio of 22.46 and a beta of 0.77.

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.