Sequoia Financial Advisors LLC Decreases Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Sequoia Financial Advisors LLC reduced its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 11.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 628,175 shares of the company’s stock after selling 82,384 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.39% of Amplify CWP Enhanced Dividend Income ETF worth $28,708,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IHT Wealth Management LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 2.8% in the 4th quarter. IHT Wealth Management LLC now owns 8,644 shares of the company’s stock valued at $385,000 after acquiring an additional 239 shares during the period. Sachetta LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 1.2% during the 1st quarter. Sachetta LLC now owns 21,338 shares of the company’s stock worth $957,000 after acquiring an additional 249 shares during the period. Orion Porfolio Solutions LLC grew its stake in Amplify CWP Enhanced Dividend Income ETF by 3.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock valued at $362,000 after purchasing an additional 253 shares during the last quarter. Money Concepts Capital Corp grew its stake in 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 purchasing an additional 267 shares during the last quarter. Finally, Semus Wealth Partners LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 0.9% in the first quarter. Semus Wealth Partners LLC now owns 31,932 shares of the company’s stock valued at $1,432,000 after purchasing an additional 278 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.4%

Shares of NYSEARCA:DIVO opened at $47.73 on Thursday. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $43.28 and a 52-week high of $49.03. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The business has a 50-day moving average price of $47.51 and a 200-day moving average price of $46.35.

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.