Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Hits New 12-Month High – Here’s What Happened

Shares of Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) reached a new 52-week high during trading on Friday . The stock traded as high as $40.24 and last traded at $40.0360, with a volume of 460 shares trading hands. The stock had previously closed at $39.90.

Amplify CWP International Enhanced Dividend Income ETF Trading Up 0.5%

The firm’s 50 day simple moving average is $38.24 and its two-hundred day simple moving average is $36.65. The firm has a market cap of $668.30 million, a price-to-earnings ratio of 16.90 and a beta of 0.74.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IDVO. EverSource Wealth Advisors LLC boosted its holdings in Amplify CWP International Enhanced Dividend Income ETF by 2.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock worth $2,047,000 after acquiring an additional 1,291 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new stake in Amplify CWP International Enhanced Dividend Income ETF in the 3rd quarter valued at about $128,000. Farther Finance Advisors LLC lifted its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock worth $829,000 after buying an additional 5,310 shares in the last quarter. West Michigan Advisors LLC lifted its position in shares of 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 worth $662,000 after buying an additional 1,344 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of 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 acquiring an additional 37,231 shares in the last quarter.

About Amplify CWP International Enhanced Dividend Income ETF

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.