Sierra Ocean LLC Buys 5,163 Shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO)

Sierra Ocean LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 4.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,212 shares of the company’s stock after purchasing an additional 5,163 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises approximately 3.7% of Sierra Ocean LLC’s holdings, making the stock its 10th biggest holding. Sierra Ocean LLC owned approximately 0.11% of Amplify CWP Enhanced Dividend Income ETF worth $4,739,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIVO. Janney Montgomery Scott LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 8.0% in the first quarter. Janney Montgomery Scott LLC now owns 1,611,072 shares of the company’s stock valued at $65,683,000 after acquiring an additional 119,537 shares during the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at about $12,364,000. Cambridge Investment Research Advisors Inc. lifted its position in Amplify CWP Enhanced Dividend Income ETF by 20.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 177,643 shares of the company’s stock valued at $7,243,000 after buying an additional 29,641 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 4.8% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 108,681 shares of the company’s stock valued at $4,399,000 after buying an additional 5,012 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the first quarter valued at approximately $1,653,000.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.5%

Shares of DIVO stock opened at $43.01 on Friday. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 22.46 and a beta of 0.77. The firm’s 50 day moving average price is $41.35 and its two-hundred day moving average price is $41.01. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week high of $43.10.

Amplify CWP Enhanced Dividend Income ETF Company 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.