Jones Financial Companies Lllp Buys 15,655 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Jones Financial Companies Lllp grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 113.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,490 shares of the company’s stock after purchasing an additional 15,655 shares during the period. Jones Financial Companies Lllp’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Prostatis Group LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF by 3.8% in the third quarter. Prostatis Group LLC now owns 458,617 shares of the company’s stock worth $20,441,000 after buying an additional 16,655 shares in the last quarter. Souders Financial Advisors grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 1.8% during the 3rd quarter. Souders Financial Advisors now owns 226,252 shares of the company’s stock worth $10,084,000 after acquiring an additional 4,021 shares during the period. Mutual Advisors LLC raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.5% in the 3rd quarter. Mutual Advisors LLC now owns 12,739 shares of the company’s stock worth $572,000 after acquiring an additional 668 shares in the last quarter. Centric Wealth Management lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.5% in the 3rd quarter. Centric Wealth Management now owns 74,190 shares of the company’s stock valued at $3,333,000 after purchasing an additional 3,217 shares during the period. Finally, MTM Investment Management LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 0.3% in the 3rd quarter. MTM Investment Management LLC now owns 171,468 shares of the company’s stock valued at $7,642,000 after purchasing an additional 540 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.2%

NYSEARCA DIVO opened at $47.08 on Wednesday. The firm has a market capitalization of $6.40 billion, a PE ratio of 22.46 and a beta of 0.72. The stock’s 50 day moving average is $45.63 and its 200 day moving average is $44.67. Amplify CWP Enhanced Dividend Income ETF has a twelve month low of $36.20 and a twelve month high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a dividend of $0.1826 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Thursday, January 29th.

About Amplify CWP Enhanced Dividend Income ETF

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.