Altus Wealth Group LLC Raises Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Altus Wealth Group LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 35.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,090 shares of the company’s stock after purchasing an additional 14,261 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF makes up 1.0% of Altus Wealth Group LLC’s investment portfolio, making the stock its 21st largest position. Altus Wealth Group LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $2,411,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 4.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,716,198 shares of the company’s stock worth $116,824,000 after buying an additional 126,125 shares in the last quarter. Retirement Planning Group LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.7% during the 2nd quarter. Retirement Planning Group LLC now owns 2,704,229 shares of the company’s stock worth $115,065,000 after acquiring an additional 44,013 shares during the period. Envestnet Asset Management Inc. lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 56.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,092,562 shares of the company’s stock worth $89,038,000 after purchasing an additional 754,179 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in 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 purchasing an additional 80,853 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 15.0% in the 2nd quarter. Truist Financial Corp now owns 1,149,013 shares of the company’s stock valued at $48,890,000 after purchasing an additional 149,465 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $44.70 on Friday. The stock has a market cap of $5.40 billion, a P/E ratio of 22.46 and a beta of 0.72. 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 firm’s fifty day moving average price is $45.22 and its 200-day moving average price is $44.03.

Amplify CWP Enhanced Dividend Income ETF Company 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.