LJI Wealth Management LLC Increases Stake in Amplify High Income ETF $YYY

LJI Wealth Management LLC increased its holdings in Amplify High Income ETF (NYSEARCA:YYY) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,710,583 shares of the company’s stock after purchasing an additional 211,845 shares during the period. Amplify High Income ETF makes up about 3.0% of LJI Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. LJI Wealth Management LLC’s holdings in Amplify High Income ETF were worth $19,689,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in Amplify High Income ETF during the third quarter worth approximately $41,000. Winnow Wealth LLC bought a new stake in Amplify High Income ETF during the third quarter worth approximately $49,000. Triumph Capital Management bought a new stake in Amplify High Income ETF during the third quarter worth approximately $105,000. Samalin Investment Counsel LLC bought a new stake in Amplify High Income ETF during the third quarter worth approximately $122,000. Finally, Comerica Bank increased its stake in Amplify High Income ETF by 119.4% during the fourth quarter. Comerica Bank now owns 11,006 shares of the company’s stock worth $127,000 after acquiring an additional 5,989 shares during the last quarter.

Amplify High Income ETF Price Performance

Shares of NYSEARCA YYY opened at $11.56 on Friday. The business’s 50 day moving average is $11.34 and its two-hundred day moving average is $11.55. Amplify High Income ETF has a 1-year low of $10.69 and a 1-year high of $11.93. The stock has a market capitalization of $712.67 million, a P/E ratio of 22.17 and a beta of 0.73.

About Amplify High Income ETF

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.