EverSource Wealth Advisors LLC Makes New Investment in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

EverSource Wealth Advisors LLC bought a new stake in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 21,870 shares of the company’s stock, valued at approximately $823,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DIVO. First Command Advisory Services Inc. purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the fourth quarter valued at about $70,000. North Star Investment Management Corp. purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the first quarter valued at about $76,000. Private Trust Co. NA boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 15.5% in the fourth quarter. Private Trust Co. NA now owns 2,113 shares of the company’s stock valued at $77,000 after acquiring an additional 283 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the first quarter valued at about $167,000. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the first quarter valued at about $212,000.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

DIVO stock traded down $0.23 during trading on Friday, reaching $38.88. 253,107 shares of the company were exchanged, compared to its average volume of 260,002. The stock’s 50 day moving average price is $38.95 and its 200 day moving average price is $38.34. Amplify YieldShares CWP Dividend & Option Income ETF has a 52-week low of $33.57 and a 52-week high of $40.46. The company has a market cap of $3.19 billion, a P/E ratio of 15.30 and a beta of 0.55.

About Amplify YieldShares CWP Dividend & Option Income ETF

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.