Nwam LLC Takes Position in Amplify COWS Covered Call ETF $HCOW

Nwam LLC bought a new stake in Amplify COWS Covered Call ETF (NASDAQ:HCOW) during the second quarter, Holdings Channel reports. The institutional investor bought 78,053 shares of the company’s stock, valued at approximately $1,846,000. Nwam LLC owned about 0.11% of Amplify COWS Covered Call ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. A. D. Beadell Investment Counsel Inc. acquired a new stake in Amplify COWS Covered Call ETF during the 2nd quarter worth $93,000. Strategic Advisors LLC purchased a new position in Amplify COWS Covered Call ETF during the 2nd quarter worth $243,000. Citadel Advisors LLC increased its stake in Amplify COWS Covered Call ETF by 22.2% in the third quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock valued at $573,000 after purchasing an additional 4,334 shares during the period. RPg Family Wealth Advisory LLC acquired a new position in Amplify COWS Covered Call ETF in the second quarter valued at $3,005,000. Finally, Risk Paradigm Group LLC purchased a new stake in shares of Amplify COWS Covered Call ETF in the second quarter valued at about $3,005,000.

Amplify COWS Covered Call ETF Stock Performance

Shares of HCOW opened at $25.65 on Wednesday. Amplify COWS Covered Call ETF has a fifty-two week low of $22.66 and a fifty-two week high of $26.53. The company has a market capitalization of $17.70 million, a price-to-earnings ratio of 13.13 and a beta of 0.72. The firm has a 50-day simple moving average of $24.99 and a 200-day simple moving average of $24.21.

Amplify COWS Covered Call ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 28th were given a $0.2183 dividend. The ex-dividend date was Friday, August 28th.

Amplify COWS Covered Call ETF Company Profile

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.