Sigma Planning Corp Purchases 41,777 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Sigma Planning Corp acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 41,777 shares of the company’s stock, valued at approximately $1,942,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Retirement Planning Group LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth $166,636,000. Envestnet Asset Management Inc. lifted its position in Amplify CWP Enhanced Dividend Income ETF by 8.9% during the second quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock valued at $166,148,000 after purchasing an additional 295,894 shares in the last quarter. Royal Bank of Canada lifted its position in Amplify CWP Enhanced Dividend Income ETF by 4.6% during the first quarter. Royal Bank of Canada now owns 1,779,901 shares of the company’s stock valued at $79,829,000 after purchasing an additional 78,498 shares in the last quarter. MBL Wealth LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 4.3% during the third quarter. MBL Wealth LLC now owns 1,070,072 shares of the company’s stock valued at $49,748,000 after purchasing an additional 44,311 shares in the last quarter. Finally, Reliant Wealth Planning lifted its position in Amplify CWP Enhanced Dividend Income ETF by 4.0% during the first quarter. Reliant Wealth Planning now owns 1,058,336 shares of the company’s stock valued at $47,466,000 after purchasing an additional 40,616 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

NYSEARCA:DIVO opened at $47.83 on Wednesday. The stock has a 50-day simple moving average of $47.71 and a two-hundred day simple moving average of $46.48. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $43.90 and a 52-week high of $49.03. The firm has a market capitalization of $8.04 billion, a PE 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.