Pasadena Private Wealth LLC Sells 224,443 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Pasadena Private Wealth LLC lowered its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 86.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,397 shares of the company’s stock after selling 224,443 shares during the quarter. Pasadena Private Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $25,000. Alpine Bank Wealth Management bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $117,000. Fifth Third Bancorp bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $193,000. Ameritas Advisory Services LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $223,000. Finally, Sowell Financial Services LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $225,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $45.25 on Monday. The company has a market capitalization of $5.42 billion, a PE ratio of 22.46 and a beta of 0.77. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $45.32. The company’s fifty day moving average price is $44.04 and its 200 day moving average price is $42.43.

Amplify CWP Enhanced Dividend Income ETF Company Profile

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.