Amplify CWP Enhanced Dividend Income ETF $DIVO Stock: Sierra Ocean LLC Grows Position

Sierra Ocean LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 26.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 167,082 shares of the company’s stock after purchasing an additional 34,716 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises 4.8% of Sierra Ocean LLC’s portfolio, making the stock its 8th largest position. Sierra Ocean LLC owned about 0.10% of Amplify CWP Enhanced Dividend Income ETF worth $7,768,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sachetta LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF by 1.2% during the first quarter. Sachetta LLC now owns 21,338 shares of the company’s stock worth $957,000 after purchasing an additional 249 shares during the period. Money Concepts Capital Corp grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 3.8% during the 1st quarter. Money Concepts Capital Corp now owns 7,209 shares of the company’s stock valued at $323,000 after buying an additional 267 shares during the period. Tsfg LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 31.0% during the 2nd quarter. Tsfg LLC now owns 1,386 shares of the company’s stock valued at $63,000 after buying an additional 328 shares during the period. Allworth Financial LP grew its stake in shares of 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 buying an additional 386 shares during the period. Finally, Carson Advisory Inc. increased its holdings in shares of 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 worth $1,059,000 after buying an additional 398 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.3%

DIVO stock opened at $46.61 on Friday. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 22.46 and a beta of 0.63. The business has a fifty day simple moving average of $47.52 and a 200-day simple moving average of $46.56. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $43.90 and a 52 week high of $49.03.

Amplify CWP Enhanced Dividend Income ETF 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.