Benchmark Financial Wealth Advisors LLC Invests $1.51 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

Benchmark Financial Wealth Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,010 shares of the company’s stock, valued at approximately $1,513,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIVO. CWM LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 25.9% in the 3rd quarter. CWM LLC now owns 529,080 shares of the company’s stock valued at $23,581,000 after acquiring an additional 108,676 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 107.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 37,248 shares of the company’s stock valued at $1,660,000 after acquiring an additional 19,302 shares in the last quarter. Alpine Bank Wealth Management lifted its position in Amplify CWP Enhanced Dividend Income ETF by 613.0% in the 3rd quarter. Alpine Bank Wealth Management now owns 19,657 shares of the company’s stock valued at $876,000 after acquiring an additional 16,900 shares in the last quarter. Leo Wealth LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at $5,202,000. Finally, Financial Designs Corp increased its stake in Amplify CWP Enhanced Dividend Income ETF by 4.5% in the 4th quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock valued at $13,476,000 after buying an additional 12,906 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO stock opened at $46.29 on Monday. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $37.84 and a 1 year high of $47.30. The firm’s fifty day moving average price is $45.80 and its two-hundred day moving average price is $45.40. The firm has a market capitalization of $6.89 billion, a P/E ratio of 22.46 and a beta of 0.69.

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.