Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Shares Climb 0.4% – Time to Buy?

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) traded up 0.4% during mid-day trading on Monday. The company traded as high as $30.46 and last traded at $30.34. Approximately 177,815 shares changed hands during trading, a decline of 39% from the average daily volume of 289,848 shares. The stock had previously closed at $30.21.

Amplify CWP Growth & Income ETF Trading Up 0.2%

The firm has a market cap of $790.75 million, a price-to-earnings ratio of 35.30 and a beta of 1.03. The stock’s 50 day moving average is $29.80 and its 200 day moving average is $29.46.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in QDVO. Royal Bank of Canada increased its position in Amplify CWP Growth & Income ETF by 15.0% during the first quarter. Royal Bank of Canada now owns 365,086 shares of the company’s stock worth $9,730,000 after acquiring an additional 47,520 shares during the period. Cassady Wealth & Retirement Planning LLC boosted its position in shares of Amplify CWP Growth & Income ETF by 77.1% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 46,941 shares of the company’s stock worth $1,373,000 after acquiring an additional 20,440 shares in the last quarter. Sigma Planning Corp increased its stake in shares of Amplify CWP Growth & Income ETF by 3.2% in the 1st quarter. Sigma Planning Corp now owns 46,817 shares of the company’s stock valued at $1,248,000 after purchasing an additional 1,454 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Amplify CWP Growth & Income ETF by 147.7% during the first quarter. Janney Montgomery Scott LLC now owns 38,927 shares of the company’s stock worth $1,037,000 after acquiring an additional 23,214 shares in the last quarter. Finally, Claris Financial LLC bought a new position in Amplify CWP Growth & Income ETF in the 4th quarter valued at approximately $894,000.

About Amplify CWP Growth & Income ETF

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.