Amplify CWP Enhanced Dividend Income ETF $DIVO Stake Lifted by Summit Financial LLC

Summit Financial LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 403,741 shares of the company’s stock after acquiring an additional 20,679 shares during the period. Summit Financial LLC owned approximately 0.30% of Amplify CWP Enhanced Dividend Income ETF worth $17,966,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Dynamic Wealth Strategies LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 5.2% during the fourth quarter. Dynamic Wealth Strategies LLC now owns 4,417 shares of the company’s stock worth $197,000 after buying an additional 217 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 3.2% during the third quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock worth $362,000 after buying an additional 253 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.1% during the fourth quarter. Belpointe Asset Management LLC now owns 25,898 shares of the company’s stock worth $1,152,000 after buying an additional 272 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 15,580 shares of the company’s stock worth $693,000 after buying an additional 278 shares in the last quarter. Finally, Asset Allocation Strategies LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 5.2% during the second quarter. Asset Allocation Strategies LLC now owns 5,826 shares of the company’s stock worth $248,000 after buying an additional 286 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of NYSEARCA:DIVO opened at $46.42 on Friday. The stock has a market capitalization of $7.05 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 $41.33 and a 1-year high of $47.30. The company has a 50 day moving average price of $45.75 and a 200 day moving average price of $45.69.

Amplify CWP Enhanced Dividend Income ETF Company 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.