Hilltop Holdings Inc. Invests $1.15 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

Hilltop Holdings Inc. purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,593 shares of the company’s stock, valued at approximately $1,148,000.

A number of other institutional investors have also made changes to their positions in DIVO. Simplex Trading LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth approximately $26,000. Optima Capital LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $27,000. Financial Consulate Inc. acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $28,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $53,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $46.67 on Friday. The firm has a 50 day simple moving average of $46.15 and a two-hundred day simple moving average of $45.86. Amplify CWP Enhanced Dividend Income ETF has a one year low of $42.29 and a one year high of $47.30. The company has a market cap of $7.53 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.