Amplify CWP Enhanced Dividend Income ETF $DIVO Stake Boosted by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 86.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 178,415 shares of the company’s stock after purchasing an additional 82,885 shares during the period. Thoroughbred Financial Services LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $7,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 2.8% during the third quarter. Raymond James Financial Inc. now owns 14,813,665 shares of the company’s stock worth $660,245,000 after purchasing an additional 401,802 shares during the last quarter. Retirement Planning Group LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 4.4% during the fourth quarter. Retirement Planning Group LLC now owns 2,893,478 shares of the company’s stock worth $128,760,000 after purchasing an additional 123,069 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,743,905 shares of the company’s stock worth $124,439,000 after purchasing an additional 19,248 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 10.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,311,564 shares of the company’s stock worth $103,026,000 after purchasing an additional 219,002 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 6.7% during the fourth quarter. HighTower Advisors LLC now owns 2,136,241 shares of the company’s stock worth $95,063,000 after purchasing an additional 135,065 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $46.07 on Thursday. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $40.85 and a 1 year high of $47.30. The stock’s fifty day moving average is $45.42 and its two-hundred day moving average is $45.59.

About Amplify CWP Enhanced Dividend 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.