Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Unusually-High Trading Volume – What’s Next?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) shares saw unusually-strong trading volume on Wednesday . Approximately 202,677 shares changed hands during mid-day trading, an increase of 88% from the previous session’s volume of 107,721 shares.The stock last traded at $38.41 and had previously closed at $38.51.

Amplify CWP International Enhanced Dividend Income ETF Stock Down 0.4%

The business’s 50 day moving average price is $38.01 and its 200-day moving average price is $36.37. The company has a market cap of $505.45 million, a PE ratio of 16.90 and a beta of 0.74.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDVO. Farther Finance Advisors LLC acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the second quarter valued at about $581,000. Janney Montgomery Scott LLC boosted its holdings in Amplify CWP International Enhanced Dividend Income ETF by 6.0% in the second quarter. Janney Montgomery Scott LLC now owns 652,770 shares of the company’s stock valued at $22,429,000 after purchasing an additional 37,231 shares during the last quarter. West Michigan Advisors LLC grew its stake in Amplify CWP International Enhanced Dividend Income ETF by 7.5% during the 2nd quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock valued at $662,000 after purchasing an additional 1,344 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Amplify CWP International Enhanced Dividend Income ETF by 27.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock valued at $1,842,000 after purchasing an additional 11,597 shares in the last quarter. Finally, Pinnacle Bancorp Inc. purchased a new stake in Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter worth approximately $128,000.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.