Stephens Inc. AR Lowers Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Stephens Inc. AR reduced its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 72.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 8,840 shares of the company’s stock after selling 23,437 shares during the period. Stephens Inc. AR’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $376,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of DIVO. ForthRight Wealth Management LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 110.5% during the 2nd quarter. ForthRight Wealth Management LLC now owns 301,714 shares of the company’s stock worth $12,838,000 after purchasing an additional 158,405 shares during the last quarter. Truist Financial Corp grew its position in Amplify CWP Enhanced Dividend Income ETF by 15.0% during the 2nd quarter. Truist Financial Corp now owns 1,149,013 shares of the company’s stock worth $48,890,000 after purchasing an additional 149,465 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 4.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,716,198 shares of the company’s stock worth $116,824,000 after purchasing an additional 126,125 shares during the last quarter. Golden State Equity Partners purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter worth $3,632,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 5.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 1,691,925 shares of the company’s stock worth $71,991,000 after acquiring an additional 80,853 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $45.25 on Monday. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $45.32. The stock has a market capitalization of $5.42 billion, a PE ratio of 22.46 and a beta of 0.77. The company has a fifty day moving average of $44.04 and a 200-day moving average of $42.43.

About Amplify CWP Enhanced Dividend Income ETF

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.