Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Newly Purchased by Financial Designs Corp

Financial Designs Corp acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 309,129 shares of the company’s stock, valued at approximately $14,371,000. Amplify CWP Enhanced Dividend Income ETF accounts for about 7.4% of Financial Designs Corp’s holdings, making the stock its 6th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Evelyn Partners Asset Management Ltd acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at $30,000. Tsfg LLC raised its position in Amplify CWP Enhanced Dividend Income ETF by 31.0% in the second quarter. Tsfg LLC now owns 1,386 shares of the company’s stock valued at $63,000 after purchasing an additional 328 shares during the period. Atwood & Palmer Inc. acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the third quarter worth about $99,000. Blue Trust Inc. lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 1,295.8% during the first quarter. Blue Trust Inc. now owns 2,652 shares of the company’s stock worth $119,000 after purchasing an additional 2,462 shares in the last quarter. Finally, Operose Advisors LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the second quarter worth about $126,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of NYSEARCA:DIVO opened at $47.13 on Friday. The company has a market cap of $7.97 billion, a P/E ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a one year low of $43.55 and a one year high of $49.03. The business’s 50-day simple moving average is $47.77 and its 200 day simple moving average is $46.53.

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.