Cary Street Partners Asset Management LLC Increases Position in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Cary Street Partners Asset Management LLC raised its position in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) by 10.1% during the fourth quarter, Holdings Channel reports. The firm owned 237,063 shares of the company’s stock after buying an additional 21,746 shares during the quarter. Amplify YieldShares CWP Dividend & Option Income ETF comprises 1.5% of Cary Street Partners Asset Management LLC’s portfolio, making the stock its 16th largest holding. Cary Street Partners Asset Management LLC’s holdings in Amplify YieldShares CWP Dividend & Option Income ETF were worth $8,665,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP purchased a new stake in Amplify YieldShares CWP Dividend & Option Income ETF in the third quarter valued at approximately $52,000. First Command Advisory Services Inc. purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth $70,000. Private Trust Co. NA increased its position in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 15.5% during the fourth quarter. Private Trust Co. NA now owns 2,113 shares of the company’s stock worth $77,000 after acquiring an additional 283 shares during the period. Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth $239,000. Finally, Prime Capital Investment Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth $270,000.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

Shares of Amplify YieldShares CWP Dividend & Option Income ETF stock traded down $0.03 during trading hours on Wednesday, reaching $37.61. 74,694 shares of the company were exchanged, compared to its average volume of 279,409. Amplify YieldShares CWP Dividend & Option Income ETF has a 1 year low of $33.57 and a 1 year high of $38.99. The stock’s fifty day moving average is $38.18 and its 200 day moving average is $36.76. The firm has a market cap of $3.07 billion, a PE ratio of 15.40 and a beta of 0.58.

Amplify YieldShares CWP Dividend & Option 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.