Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 81,313 shares, a decline of 50.4% from the August 31st total of 164,038 shares. Based on an average trading volume of 819,177 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Hedge Funds Weigh In On Amplify CWP Enhanced Dividend Income ETF
Large investors have recently modified their holdings of the company. LPL Financial LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock worth $331,426,000 after purchasing an additional 294,892 shares during the period. Envestnet Asset Management Inc. boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 8.9% during the second quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock valued at $166,148,000 after buying an additional 295,894 shares during the period. Retirement Planning Group LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 9.9% during the first quarter. Retirement Planning Group LLC now owns 3,180,704 shares of the company’s stock worth $142,655,000 after buying an additional 287,226 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 11.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,977,538 shares of the company’s stock worth $88,000,000 after acquiring an additional 202,172 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in Amplify CWP Enhanced Dividend Income ETF by 4.6% in the 1st quarter. Royal Bank of Canada now owns 1,779,901 shares of the company’s stock worth $79,829,000 after acquiring an additional 78,498 shares during the last quarter.
Amplify CWP Enhanced Dividend Income ETF Trading Down 0.6%
Shares of NYSEARCA DIVO traded down $0.28 during mid-day trading on Tuesday, hitting $46.77. The company had a trading volume of 795,059 shares, compared to its average volume of 861,241. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $43.55 and a 1 year high of $49.03. The company has a market capitalization of $7.77 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The stock’s 50-day moving average price is $47.75 and its 200-day moving average price is $46.44.
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.
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