Two Sigma Securities LLC Invests $164,000 in Amplify High Income ETF (NYSEARCA:YYY)

Two Sigma Securities LLC bought a new stake in shares of Amplify High Income ETF (NYSEARCA:YYY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,276 shares of the company’s stock, valued at approximately $164,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp grew its position in Amplify High Income ETF by 12.6% during the fourth quarter. Money Concepts Capital Corp now owns 12,186 shares of the company’s stock worth $140,000 after buying an additional 1,359 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Amplify High Income ETF by 58.6% during the 4th quarter. Larson Financial Group LLC now owns 5,897 shares of the company’s stock worth $68,000 after purchasing an additional 2,179 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Amplify High Income ETF during the fourth quarter valued at approximately $29,000. Independent Wealth Network Inc. raised its stake in shares of Amplify High Income ETF by 1.9% in the fourth quarter. Independent Wealth Network Inc. now owns 144,565 shares of the company’s stock valued at $1,665,000 after purchasing an additional 2,693 shares in the last quarter. Finally, World Investment Advisors LLC lifted its position in Amplify High Income ETF by 30.9% in the third quarter. World Investment Advisors LLC now owns 15,110 shares of the company’s stock worth $186,000 after purchasing an additional 3,571 shares during the period.

Amplify High Income ETF Price Performance

YYY opened at $11.19 on Friday. Amplify High Income ETF has a fifty-two week low of $9.87 and a fifty-two week high of $12.40. The company has a market capitalization of $529.85 million, a P/E ratio of 21.99 and a beta of 0.73. The firm’s fifty day moving average price is $11.23 and its two-hundred day moving average price is $11.71.

Amplify High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were paid a $0.12 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.44 dividend on an annualized basis and a yield of 12.87%.

About Amplify High Income ETF

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.