Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Shares Down 0.5% – What’s Next?

Shares of Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) fell 0.5% on Wednesday . The company traded as low as $42.60 and last traded at $42.72. 341,827 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 437,727 shares. The stock had previously closed at $42.92.

Amplify CWP International Enhanced Dividend Income ETF Stock Performance

The business’s 50 day simple moving average is $41.57 and its 200-day simple moving average is $39.75. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 16.90 and a beta of 0.74.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. acquired a new stake in Amplify CWP International Enhanced Dividend Income ETF in the 3rd quarter valued at approximately $128,000. Arkadios Wealth Advisors bought a new position in shares of Amplify CWP International Enhanced Dividend Income ETF in the fourth quarter worth $229,000. Farther Finance Advisors LLC increased its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% during the third quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock valued at $829,000 after purchasing an additional 5,310 shares during the period. West Michigan Advisors LLC increased its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% during the fourth quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock valued at $899,000 after purchasing an additional 2,855 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock valued at $2,047,000 after purchasing an additional 1,291 shares in the last quarter.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.