Shares of Amplify High Income ETF (NYSEARCA:YYY – Get Free Report) fell 0.2% during mid-day trading on Tuesday . The company traded as low as $11.35 and last traded at $11.36. Approximately 301,902 shares changed hands during trading, a decline of 23% from the average session volume of 391,991 shares. The stock had previously closed at $11.38.
Amplify High Income ETF Stock Down 0.3%
The company has a market cap of $721.69 million, a P/E ratio of 22.17 and a beta of 0.71. The company has a 50 day moving average price of $11.46 and a 200-day moving average price of $11.49.
Hedge Funds Weigh In On Amplify High Income ETF
A number of institutional investors and hedge funds have recently bought and sold shares of YYY. Wells Fargo & Company MN increased its stake in Amplify High Income ETF by 21,474,050.0% during the 4th quarter. Wells Fargo & Company MN now owns 429,483 shares of the company’s stock valued at $4,943,000 after buying an additional 429,481 shares during the period. LJI Wealth Management LLC boosted its holdings in shares of Amplify High Income ETF by 14.1% in the fourth quarter. LJI Wealth Management LLC now owns 1,710,583 shares of the company’s stock valued at $19,689,000 after acquiring an additional 211,845 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Amplify High Income ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 2,846,681 shares of the company’s stock valued at $32,765,000 after acquiring an additional 99,341 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Amplify High Income ETF by 9.6% in the fourth quarter. Osaic Holdings Inc. now owns 1,052,382 shares of the company’s stock valued at $12,113,000 after acquiring an additional 92,051 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Amplify High Income ETF by 86.6% during the third quarter. Larson Financial Group LLC now owns 190,039 shares of the company’s stock valued at $2,244,000 after acquiring an additional 88,200 shares during the period.
About Amplify High Income ETF
The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.
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