Marshall Financial Group LLC Invests $16.17 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

Marshall Financial Group LLC acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 362,792 shares of the company’s stock, valued at approximately $16,170,000. Amplify CWP Enhanced Dividend Income ETF comprises 3.2% of Marshall Financial Group LLC’s investment portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. ORG Partners LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at about $25,000. Parkside Financial Bank & Trust acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the second quarter worth about $49,000. Simplex Trading LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% during the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after acquiring an additional 1,215 shares during the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $117,000. Finally, Fifth Third Bancorp acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter valued at about $193,000.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.0%

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $45.40 on Friday. The company has a 50 day moving average price of $44.98 and a 200 day moving average price of $43.73. The firm has a market capitalization of $5.49 billion, a P/E ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $36.20 and a 52 week high of $46.06.

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.