Amplify CWP Enhanced Dividend Income ETF $DIVO Position Increased by Summit Financial LLC

Summit Financial LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.4% in the 4th quarter, Holdings Channel reports. The fund owned 403,741 shares of the company’s stock after buying an additional 20,679 shares during the period. Summit Financial LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $17,966,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 14,813,665 shares of the company’s stock valued at $660,245,000 after acquiring an additional 401,802 shares in the last quarter. LPL Financial LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock valued at $331,426,000 after acquiring an additional 294,892 shares in the last quarter. Retirement Planning Group LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.4% in the 4th quarter. Retirement Planning Group LLC now owns 2,893,478 shares of the company’s stock valued at $128,760,000 after acquiring an additional 123,069 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,743,905 shares of the company’s stock valued at $124,439,000 after acquiring an additional 19,248 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 6.7% in the 4th quarter. HighTower Advisors LLC now owns 2,136,241 shares of the company’s stock valued at $95,063,000 after acquiring an additional 135,065 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of NYSEARCA:DIVO opened at $46.42 on Friday. The company has a market cap of $7.05 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $41.33 and a 52 week high of $47.30. The firm has a 50 day simple moving average of $45.75 and a 200 day simple moving average of $45.69.

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.