Amplify High Income ETF (NYSEARCA:YYY – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $10.16 and last traded at $10.28, with a volume of 69,279 shares trading hands. The stock had previously closed at $10.32.
Amplify High Income ETF Trading Down 0.8%
The business has a 50-day moving average price of $10.68 and a two-hundred day moving average price of $11.27. The firm has a market capitalization of $664.87 million, a price-to-earnings ratio of 22.17 and a beta of 0.73.
Institutional Investors Weigh In On Amplify High Income ETF
Several large investors have recently made changes to their positions in YYY. Wedbush Securities Inc. lifted its position in Amplify High Income ETF by 37.5% in the second quarter. Wedbush Securities Inc. now owns 325,327 shares of the company’s stock worth $8,732,000 after purchasing an additional 88,794 shares during the period. NWF Advisory Services Inc. increased its position in shares of Amplify High Income ETF by 6.3% during the 2nd quarter. NWF Advisory Services Inc. now owns 714,145 shares of the company’s stock valued at $8,234,000 after purchasing an additional 42,200 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Amplify High Income ETF by 12.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 408,072 shares of the company’s stock valued at $4,705,000 after purchasing an additional 46,527 shares during the period. International Assets Investment Management LLC increased its position in shares of Amplify High Income ETF by 4.6% during the 1st quarter. International Assets Investment Management LLC now owns 371,346 shares of the company’s stock valued at $4,103,000 after purchasing an additional 16,265 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Amplify High Income ETF by 16.8% in the 1st quarter. Cetera Investment Advisers now owns 242,369 shares of the company’s stock worth $2,673,000 after buying an additional 34,916 shares in the last quarter.
Amplify High Income ETF Company Profile
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.
Further Reading
- Five stocks we like better than Amplify High Income ETF
- The Factories Behind AI Servers Just Raised Their Outlooks—3 Contract Manufacturers to Watch
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
Receive News & Ratings for Amplify High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
