D.A. Davidson & CO. Buys New Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

D.A. Davidson & CO. purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the third quarter, Holdings Channel.com reports. The firm purchased 11,514 shares of the company’s stock, valued at approximately $535,000.

Other large investors have also recently made changes to their positions in the company. NFSG Corp bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter worth $25,000. Tsfg LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 31.0% during the 2nd quarter. Tsfg LLC now owns 1,386 shares of the company’s stock worth $63,000 after buying an additional 328 shares during the period. Atwood & Palmer Inc. purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the third quarter worth about $99,000. Foresight Capital Management Advisors Inc. acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the 3rd quarter valued at $107,000. Finally, Operose Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter valued at $126,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $46.61 on Friday. The firm’s 50 day moving average is $47.52 and its 200-day moving average is $46.56. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $43.90 and a 12-month high of $49.03. The stock has a market capitalization of $7.89 billion, a P/E ratio of 22.46 and a beta of 0.63.

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.