Pasadena Private Wealth LLC Buys 18,456 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Pasadena Private Wealth LLC boosted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 59.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,546 shares of the company’s stock after buying an additional 18,456 shares during the quarter. Pasadena Private Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $2,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Reliant Wealth Planning bought a new position in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth about $45,289,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 359.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,452 shares of the company’s stock worth $46,256,000 after acquiring an additional 813,385 shares during the period. Raymond James Financial Inc. grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% in the fourth quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock valued at $693,577,000 after purchasing an additional 772,345 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $33,547,000. Finally, CPC Advisors LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 99.1% in the 1st quarter. CPC Advisors LLC now owns 1,225,470 shares of the company’s stock worth $54,962,000 after purchasing an additional 610,117 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $45.68 on Monday. The firm has a 50 day moving average of $45.86 and a 200-day moving average of $45.75. The firm has a market capitalization of $6.94 billion, a P/E ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 12 month low of $42.00 and a 12 month high of $47.30.

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.