Wealth Enhancement Advisory Services LLC Increases Position in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS)

Wealth Enhancement Advisory Services LLC lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) by 3.7% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 132,525 shares of the company’s stock after buying an additional 4,696 shares during the period. Wealth Enhancement Advisory Services LLC owned 17.67% of Amplify Cash Flow Dividend Leaders ETF worth $3,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 23.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 16,284 shares of the company’s stock valued at $481,000 after buying an additional 3,042 shares during the period. Cetera Investment Advisers purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter valued at approximately $205,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 135.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,925 shares of the company’s stock valued at $381,000 after buying an additional 7,440 shares during the period.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of COWS opened at $29.20 on Friday. The company has a market capitalization of $21.90 million, a price-to-earnings ratio of 12.72 and a beta of 1.08. The company’s 50 day simple moving average is $27.73 and its 200 day simple moving average is $28.43. Amplify Cash Flow Dividend Leaders ETF has a 1 year low of $23.53 and a 1 year high of $32.26.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 29th were given a dividend of $0.0617 per share. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.03. The ex-dividend date was Thursday, May 29th.

About Amplify Cash Flow Dividend Leaders ETF

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.