World Investment Advisors Boosts Stake in Amplify High Income ETF $YYY

World Investment Advisors boosted its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 107.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 156,056 shares of the company’s stock after acquiring an additional 80,942 shares during the quarter. World Investment Advisors owned 0.26% of Amplify High Income ETF worth $1,796,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp purchased a new stake in Amplify High Income ETF in the third quarter worth about $41,000. Winnow Wealth LLC purchased a new stake in shares of Amplify High Income ETF during the third quarter worth about $49,000. Triumph Capital Management purchased a new stake in shares of Amplify High Income ETF during the third quarter worth about $105,000. Samalin Investment Counsel LLC bought a new position in Amplify High Income ETF during the third quarter valued at approximately $122,000. Finally, Comerica Bank boosted 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 valued at $127,000 after buying an additional 5,989 shares during the last quarter.

Amplify High Income ETF Trading Down 1.1%

Shares of Amplify High Income ETF stock opened at $11.45 on Friday. The stock has a 50 day moving average of $11.32 and a 200 day moving average of $11.55. Amplify High Income ETF has a 12 month low of $10.69 and a 12 month high of $11.93. The firm has a market cap of $705.89 million, a PE ratio of 22.17 and a beta of 0.73.

Amplify High Income ETF Profile

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.