Security National Bank Invests $7.38 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

Security National Bank purchased a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the third quarter, according to its most recent filing with the SEC. The firm purchased 165,499 shares of the company’s stock, valued at approximately $7,376,000. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 1.1% of Security National Bank’s portfolio, making the stock its 24th largest position. Security National Bank owned approximately 0.14% of Amplify CWP Enhanced Dividend Income ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 56.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,092,562 shares of the company’s stock worth $89,038,000 after purchasing an additional 754,179 shares in the last quarter. Hibernia Wealth Partners LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 103.8% in the 2nd quarter. Hibernia Wealth Partners LLC now owns 830,912 shares of the company’s stock valued at $35,355,000 after buying an additional 423,114 shares in the last quarter. Marshall Financial Group LLC bought a new position in Amplify CWP Enhanced Dividend Income ETF during the third quarter worth about $16,170,000. Vise Technologies Inc. bought a new position in Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $8,599,000. Finally, Carter Financial Group INC. acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the second quarter valued at about $7,340,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA DIVO opened at $44.83 on Wednesday. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $46.23. The firm has a market cap of $5.42 billion, a P/E ratio of 22.46 and a beta of 0.72. The stock’s 50-day moving average is $45.24 and its 200-day moving average is $44.00.

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.