Cwm LLC Increases Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Cwm LLC increased its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 25.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 529,080 shares of the company’s stock after purchasing an additional 108,676 shares during the quarter. Cwm LLC owned approximately 0.45% of Amplify CWP Enhanced Dividend Income ETF worth $23,581,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth $25,000. Parkside Financial Bank & Trust purchased a new stake in Amplify CWP Enhanced Dividend Income ETF in the second quarter worth about $49,000. Simplex Trading LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 934.6% during the 2nd quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after acquiring an additional 1,215 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at about $117,000. Finally, Fifth Third Bancorp bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter valued at about $193,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO opened at $46.11 on Friday. The company has a 50 day moving average price of $45.22 and a 200-day moving average price of $43.92. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week high of $46.23. The stock has a market capitalization of $5.57 billion, a PE ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Profile

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.