LPL Financial LLC Buys 212,780 Shares of Amplify High Income ETF (NYSEARCA:YYY)

LPL Financial LLC increased its stake in shares of Amplify High Income ETF (NYSEARCA:YYY) by 26.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,004,458 shares of the company’s stock after acquiring an additional 212,780 shares during the quarter. LPL Financial LLC owned approximately 3.39% of Amplify High Income ETF worth $11,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of YYY. Retirement Group LLC bought a new position in Amplify High Income ETF during the 4th quarter worth approximately $47,000. First Capital Advisors Group LLC. grew its position in Amplify High Income ETF by 256.7% during the 4th quarter. First Capital Advisors Group LLC. now owns 5,176 shares of the company’s stock worth $60,000 after acquiring an additional 3,725 shares during the last quarter. Optimum Investment Advisors grew its position in Amplify High Income ETF by 23.6% during the 1st quarter. Optimum Investment Advisors now owns 6,800 shares of the company’s stock worth $79,000 after acquiring an additional 1,300 shares during the last quarter. Tempus Wealth Planning LLC bought a new position in Amplify High Income ETF during the 1st quarter worth approximately $143,000. Finally, Simplicity Solutions LLC bought a new stake in shares of Amplify High Income ETF in the 1st quarter worth approximately $149,000.

Amplify High Income ETF Stock Performance

Shares of YYY stock opened at $11.64 on Friday. The firm has a market cap of $370.73 million, a P/E ratio of 14.38 and a beta of 0.82. Amplify High Income ETF has a fifty-two week low of $11.18 and a fifty-two week high of $13.34. The business’s 50 day moving average price is $11.75 and its 200-day moving average price is $11.75.

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.