Amplify CWP Enhanced Dividend Income ETF $DIVO is Element Wealth LLC’s 5th Largest Position

Element Wealth LLC lessened its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 19.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 177,509 shares of the company’s stock after selling 42,838 shares during the period. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 3.4% of Element Wealth LLC’s holdings, making the stock its 5th biggest position. Element Wealth LLC owned 0.15% of Amplify CWP Enhanced Dividend Income ETF worth $7,912,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. ORG Partners LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at about $25,000. Parkside Financial Bank & Trust purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter valued at approximately $49,000. Simplex Trading LLC boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% in the 2nd quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after purchasing an additional 1,215 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 127.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock worth $61,000 after buying an additional 772 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $117,000.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.2%

DIVO stock opened at $45.56 on Tuesday. The business has a 50 day moving average of $45.30 and a 200 day moving average of $44.31. Amplify CWP Enhanced Dividend Income ETF has a twelve month low of $36.20 and a twelve month high of $46.23. The firm has a market cap of $6.08 billion, a PE ratio of 22.46 and a beta of 0.72.

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.