Amplify COWS Covered Call ETF (NASDAQ:HCOW) Trading Down 0% – Time to Sell?

Amplify COWS Covered Call ETF (NASDAQ:HCOW)’s share price fell 0% during trading on Thursday . The company traded as low as $23.19 and last traded at $23.25. 5,766 shares changed hands during mid-day trading, an increase of 42% from the average session volume of 4,060 shares. The stock had previously closed at $23.26.

Amplify COWS Covered Call ETF Stock Performance

The stock has a market cap of $13.25 million, a P/E ratio of 13.13 and a beta of 0.90. The firm has a 50 day moving average of $24.17 and a two-hundred day moving average of $24.18.

Amplify COWS Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a $0.2229 dividend. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Trading of Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC raised its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 23,859 shares of the company’s stock after purchasing an additional 4,334 shares during the quarter. Citadel Advisors LLC owned 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent filing with the SEC.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.