Gateway Wealth Partners LLC Boosts Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Gateway Wealth Partners LLC raised its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 83.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,516 shares of the company’s stock after purchasing an additional 19,370 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Renaissance Technologies LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 245.7% during the 1st quarter. Renaissance Technologies LLC now owns 28,800 shares of the company’s stock worth $1,292,000 after purchasing an additional 20,468 shares during the period. Hilltop Holdings Inc. bought a new position in Amplify CWP Enhanced Dividend Income ETF during the first quarter valued at about $1,148,000. Cetera Investment Advisers grew its position in Amplify CWP Enhanced Dividend Income ETF by 11.5% during the first quarter. Cetera Investment Advisers now owns 1,057,026 shares of the company’s stock valued at $47,408,000 after buying an additional 109,008 shares during the period. Clearwater Capital Advisors LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the first quarter worth about $421,000. Finally, Carson Advisory Inc. increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.7% during the first quarter. Carson Advisory Inc. now owns 23,623 shares of the company’s stock worth $1,059,000 after buying an additional 398 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO stock opened at $47.16 on Wednesday. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $42.29 and a 52 week high of $47.30. The firm’s 50-day simple moving average is $46.20 and its two-hundred day simple moving average is $45.89.

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.