AlphaCore Capital LLC Invests $5.78 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

AlphaCore Capital LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 129,841 shares of the company’s stock, valued at approximately $5,778,000.

A number of other institutional investors also recently made changes to their positions in DIVO. Creative Planning acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the second quarter worth $438,000. JPMorgan Chase & Co. grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock valued at $1,662,000 after purchasing an additional 6,132 shares during the period. Cerity Partners LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 8.1% in the second quarter. Cerity Partners LLC now owns 8,673 shares of the company’s stock valued at $370,000 after purchasing an additional 648 shares during the period. Qube Research & Technologies Ltd grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5,278.3% in the second quarter. Qube Research & Technologies Ltd now owns 46,899 shares of the company’s stock valued at $1,996,000 after purchasing an additional 46,027 shares during the period. Finally, NCM Capital Management LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 3.9% in the second quarter. NCM Capital Management LLC now owns 299,115 shares of the company’s stock valued at $12,734,000 after purchasing an additional 11,291 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.5%

Shares of NYSEARCA:DIVO opened at $45.37 on Friday. The company has a market cap of $6.89 billion, a P/E ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $40.58 and a 52 week high of $47.30. The business has a fifty day simple moving average of $45.38 and a 200-day simple moving average of $45.54.

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.