Caprock Group LLC Invests $727,000 in Amplify CWP Enhanced Dividend Income ETF $DIVO

Caprock Group LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,668 shares of the company’s stock, valued at approximately $727,000.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in Amplify CWP Enhanced Dividend Income ETF by 56.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,092,562 shares of the company’s stock valued at $89,038,000 after purchasing an additional 754,179 shares during the last quarter. Hibernia Wealth Partners LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 103.8% during the second quarter. Hibernia Wealth Partners LLC now owns 830,912 shares of the company’s stock valued at $35,355,000 after acquiring an additional 423,114 shares in the last quarter. Merit Financial Group LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth $17,935,000. Marshall Financial Group LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the 3rd quarter valued at $16,170,000. Finally, Vise Technologies Inc. bought a new position in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth $8,599,000.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.1%

DIVO opened at $46.59 on Tuesday. The stock has a market cap of $6.33 billion, a PE ratio of 22.46 and a beta of 0.72. The business has a 50 day moving average of $45.73 and a 200-day moving average of $44.77. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $36.20 and a 52 week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a $0.1826 dividend. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 4.7%.

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.