Roan Capital Partners Takes Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Roan Capital Partners purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 81,543 shares of the company’s stock, valued at approximately $3,727,000. Amplify CWP Enhanced Dividend Income ETF accounts for about 3.1% of Roan Capital Partners’ holdings, making the stock its 13th biggest position.

A number of other hedge funds also recently modified their holdings of DIVO. Raymond James Financial Inc. grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 5.2% during 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 during the period. LPL Financial LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock valued at $331,426,000 after buying an additional 294,892 shares during the period. Retirement Planning Group LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 9.9% during the 1st quarter. Retirement Planning Group LLC now owns 3,180,704 shares of the company’s stock valued at $142,655,000 after buying an additional 287,226 shares during the last quarter. Morgan Stanley lifted its position in shares of 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 valued at $130,357,000 after buying an additional 543,114 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 6.7% during the 4th quarter. HighTower Advisors LLC now owns 2,136,241 shares of the company’s stock worth $95,063,000 after acquiring an additional 135,065 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO opened at $48.00 on Friday. The business has a 50-day moving average of $46.42 and a 200 day moving average of $46.00. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $42.80 and a fifty-two week high of $48.20. The firm has a market cap of $7.81 billion, a P/E ratio of 22.46 and a beta of 0.64.

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.