Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Reaches New 52-Week High – Still a Buy?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $42.71 and last traded at $42.38, with a volume of 512112 shares. The stock had previously closed at $42.33.

Amplify CWP International Enhanced Dividend Income ETF Trading Down 0.2%

The stock has a market capitalization of $822.68 million, a P/E ratio of 16.90 and a beta of 0.74. The business has a 50-day moving average price of $39.27 and a two-hundred day moving average price of $37.33.

Amplify CWP International Enhanced Dividend Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 29th will be paid a dividend of $0.215 per share. The ex-dividend date is Thursday, January 29th. This is a positive change from Amplify CWP International Enhanced Dividend Income ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Trading of Amplify CWP International Enhanced Dividend Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 6.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 652,770 shares of the company’s stock worth $22,429,000 after acquiring an additional 37,231 shares in the last quarter. West Michigan Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 7.5% during the second quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock valued at $662,000 after purchasing an additional 1,344 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 27.6% during the second quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock worth $1,842,000 after purchasing an additional 11,597 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock valued at $829,000 after purchasing an additional 5,310 shares in the last quarter. Finally, Pinnacle Bancorp Inc. bought a new position in shares of Amplify CWP International Enhanced Dividend Income ETF in the 3rd quarter valued at $128,000.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.