Brookstone Capital Management Buys 11,632 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Brookstone Capital Management lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 41.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,964 shares of the company’s stock after purchasing an additional 11,632 shares during the quarter. Brookstone Capital Management’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sachetta LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 1.2% during 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 boosted its position in Amplify CWP Enhanced Dividend Income ETF by 2.4% during the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 11,380 shares of the company’s stock worth $484,000 after buying an additional 263 shares during the period. Alliance Wealth Advisors LLC boosted its position in Amplify CWP Enhanced Dividend Income ETF by 1.8% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 18,984 shares of the company’s stock worth $808,000 after buying an additional 334 shares during the period. Institute for Wealth Management LLC. boosted its position in Amplify CWP Enhanced Dividend Income ETF by 5.8% during the 2nd quarter. Institute for Wealth Management LLC. now owns 7,088 shares of the company’s stock worth $302,000 after buying an additional 391 shares during the period. Finally, RDA Financial Network boosted its position in Amplify CWP Enhanced Dividend Income ETF by 1.1% during the 2nd quarter. RDA Financial Network now owns 42,591 shares of the company’s stock worth $1,812,000 after buying an additional 453 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA:DIVO opened at $45.25 on Friday. The firm’s 50 day simple moving average is $44.04 and its 200 day simple moving average is $42.37. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $45.32. The company has a market cap of $5.42 billion, a PE ratio of 22.46 and a beta of 0.77.

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.