Redwood Family Wealth LLC Purchases Shares of 37,637 Amplify CWP Enhanced Dividend Income ETF $DIVO

Redwood Family Wealth LLC acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,637 shares of the company’s stock, valued at approximately $1,675,000. Amplify CWP Enhanced Dividend Income ETF comprises about 1.6% of Redwood Family Wealth LLC’s holdings, making the stock its 15th biggest holding.

Other large investors have also recently modified their holdings of the company. Raymond James Financial Inc. lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% in the 4th quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock valued at $693,577,000 after acquiring an additional 772,345 shares during the last quarter. LPL Financial LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock worth $331,426,000 after acquiring an additional 294,892 shares during the last quarter. Morgan Stanley grew its position in Amplify CWP Enhanced Dividend Income ETF by 22.8% during the 4th quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock worth $130,357,000 after acquiring an additional 543,114 shares during the last quarter. Retirement Planning Group LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 4.4% during the 4th quarter. Retirement Planning Group LLC now owns 2,893,478 shares of the company’s stock worth $128,760,000 after acquiring an additional 123,069 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 0.7% in the 4th 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 period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO stock opened at $45.87 on Friday. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $41.37 and a fifty-two week high of $47.30. The stock has a 50 day moving average price of $45.85 and a two-hundred day moving average price of $45.73. The company has a market capitalization of $6.97 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.