Money Concepts Capital Corp Purchases 16,021 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Money Concepts Capital Corp purchased a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,021 shares of the company’s stock, valued at approximately $745,000.

A number of other hedge funds have also recently modified their holdings of DIVO. Tsfg LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 31.0% during the second quarter. Tsfg LLC now owns 1,386 shares of the company’s stock worth $63,000 after purchasing an additional 328 shares during the period. Allworth Financial LP raised its position in Amplify CWP Enhanced Dividend Income ETF by 0.8% during the 2nd quarter. Allworth Financial LP now owns 50,992 shares of the company’s stock valued at $2,330,000 after purchasing an additional 386 shares during the last quarter. Carson Advisory Inc. raised its position in Amplify CWP Enhanced Dividend Income ETF by 1.7% during the 1st quarter. Carson Advisory Inc. now owns 23,623 shares of the company’s stock valued at $1,059,000 after purchasing an additional 398 shares during the last quarter. Chapin Davis Inc. raised its position in Amplify CWP Enhanced Dividend Income ETF by 8.1% during the 2nd quarter. Chapin Davis Inc. now owns 5,369 shares of the company’s stock valued at $245,000 after purchasing an additional 403 shares during the last quarter. Finally, Choreo LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 0.6% in the 3rd quarter. Choreo LLC now owns 65,421 shares of the company’s stock worth $3,041,000 after buying an additional 407 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.2%

NYSEARCA DIVO traded up $0.11 on Friday, hitting $47.42. The company’s stock had a trading volume of 600,121 shares, compared to its average volume of 858,644. The firm has a market cap of $8.05 billion, a P/E ratio of 20.69 and a beta of 0.63. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $43.90 and a 52-week high of $49.03. The company’s 50-day simple moving average is $47.41 and its 200 day simple moving average is $46.60.

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.