Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Update

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 97,584 shares, a decline of 49.8% from the April 30th total of 194,286 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 250,560 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Stratos Wealth Partners LTD. purchased a new position in Amplify CWP Growth & Income ETF in the 4th quarter worth about $996,000. Merit Financial Group LLC increased its stake in Amplify CWP Growth & Income ETF by 3.3% in the 4th quarter. Merit Financial Group LLC now owns 622,854 shares of the company’s stock worth $18,075,000 after purchasing an additional 20,052 shares in the last quarter. Sigma Planning Corp purchased a new position in Amplify CWP Growth & Income ETF in the 4th quarter worth about $1,316,000. Mercer Global Advisors Inc. ADV purchased a new position in Amplify CWP Growth & Income ETF in the 4th quarter worth about $435,000. Finally, Bank of America Corp DE purchased a new position in Amplify CWP Growth & Income ETF in the 3rd quarter worth about $1,443,000.

Amplify CWP Growth & Income ETF Trading Down 0.1%

NYSEARCA:QDVO traded down $0.04 during mid-day trading on Monday, reaching $30.72. 322,264 shares of the stock were exchanged, compared to its average volume of 330,002. The business has a fifty day moving average price of $28.93 and a 200 day moving average price of $28.85. The firm has a market capitalization of $697.34 million, a PE ratio of 35.30 and a beta of 1.01. Amplify CWP Growth & Income ETF has a 1-year low of $25.75 and a 1-year high of $30.97.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.