Amplify COWS Covered Call ETF Plans Dividend of $0.22 (NASDAQ:HCOW)

Amplify COWS Covered Call ETF (NASDAQ:HCOW) announced a dividend on Thursday, August 27th, NASDAQ Dividends reports. Shareholders of record on Friday, August 28th will be given a dividend of 0.2183 per share on Monday, August 31st. The ex-dividend date is Friday, August 28th.

Amplify COWS Covered Call ETF Stock Performance

Shares of HCOW opened at $26.14 on Friday. The company has a 50-day simple moving average of $24.88 and a 200-day simple moving average of $24.18. The firm has a market capitalization of $18.04 million, a P/E ratio of 13.13 and a beta of 0.71. Amplify COWS Covered Call ETF has a 52 week low of $22.66 and a 52 week high of $26.53.

Hedge Funds Weigh In On Amplify COWS Covered Call ETF

Several large investors have recently added to or reduced their stakes in the company. Gradient Investments LLC grew its holdings in shares of Amplify COWS Covered Call ETF by 3.0% during the 2nd quarter. Gradient Investments LLC now owns 338,147 shares of the company’s stock worth $7,997,000 after purchasing an additional 9,949 shares in the last quarter. Carter Financial Group INC. bought a new position in Amplify COWS Covered Call ETF in the second quarter worth $2,838,000. RPg Family Wealth Advisory LLC bought a new position in Amplify COWS Covered Call ETF in the second quarter worth $3,005,000. Risk Paradigm Group LLC acquired a new stake in Amplify COWS Covered Call ETF during the second quarter worth $3,005,000. Finally, Nwam LLC acquired a new stake in Amplify COWS Covered Call ETF during the second quarter worth $1,846,000.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.