Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Sees Large Increase in Short Interest

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 41,529 shares, a growth of 56.0% from the March 15th total of 26,614 shares. Based on an average trading volume of 242,978 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. increased its holdings in Amplify CWP Growth & Income ETF by 822.2% in the third quarter. Raymond James Financial Inc. now owns 644,420 shares of the company’s stock valued at $18,714,000 after buying an additional 574,541 shares during the last quarter. Merit Financial Group LLC lifted its holdings in Amplify CWP Growth & Income ETF by 3.3% during the 4th quarter. Merit Financial Group LLC now owns 622,854 shares of the company’s stock worth $18,075,000 after buying an additional 20,052 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Amplify CWP Growth & Income ETF by 20.0% during the 4th quarter. Royal Bank of Canada now owns 317,566 shares of the company’s stock worth $9,216,000 after acquiring an additional 52,931 shares in the last quarter. LPL Financial LLC boosted its position in shares of Amplify CWP Growth & Income ETF by 17.4% during the 4th quarter. LPL Financial LLC now owns 243,983 shares of the company’s stock worth $7,080,000 after acquiring an additional 36,241 shares in the last quarter. Finally, Visionary Wealth Advisors increased its holdings in shares of Amplify CWP Growth & Income ETF by 15.9% in the 4th quarter. Visionary Wealth Advisors now owns 113,043 shares of the company’s stock valued at $3,280,000 after acquiring an additional 15,521 shares during the last quarter.

Amplify CWP Growth & Income ETF Stock Up 1.3%

Shares of Amplify CWP Growth & Income ETF stock opened at $28.88 on Thursday. Amplify CWP Growth & Income ETF has a 52-week low of $22.78 and a 52-week high of $30.40. The company has a market capitalization of $634.78 million, a P/E ratio of 35.30 and a beta of 1.02. The company has a 50 day moving average of $27.74 and a 200 day moving average of $28.72.

About Amplify CWP Growth & Income ETF

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.