MTM Investment Management LLC Boosts Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

MTM Investment Management LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 6.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,715 shares of the company’s stock after acquiring an additional 11,116 shares during the period. Amplify CWP Enhanced Dividend Income ETF comprises about 2.7% of MTM Investment Management LLC’s investment portfolio, making the stock its 5th biggest position. MTM Investment Management LLC owned about 0.12% of Amplify CWP Enhanced Dividend Income ETF worth $8,419,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Creative Planning purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $438,000. JPMorgan Chase & Co. boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 18.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock worth $1,662,000 after purchasing an additional 6,132 shares during the period. Cerity Partners LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 8.1% in the 2nd quarter. Cerity Partners LLC now owns 8,673 shares of the company’s stock worth $370,000 after purchasing an additional 648 shares during the period. Qube Research & Technologies Ltd grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 5,278.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 46,899 shares of the company’s stock valued at $1,996,000 after buying an additional 46,027 shares in the last quarter. Finally, NCM Capital Management LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 3.9% during the 2nd quarter. NCM Capital Management LLC now owns 299,115 shares of the company’s stock valued at $12,734,000 after buying an additional 11,291 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $46.36 on Friday. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $42.29 and a 1 year high of $47.30. The firm’s 50 day moving average price is $46.05 and its 200-day moving average price is $45.81. The stock has a market cap of $7.40 billion, a P/E ratio of 22.46 and a beta of 0.65.

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.