NewEdge Advisors LLC Has $21.39 Million Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

NewEdge Advisors LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 468,004 shares of the company’s stock after acquiring an additional 22,378 shares during the period. NewEdge Advisors LLC owned about 0.29% of Amplify CWP Enhanced Dividend Income ETF worth $21,388,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DIVO. Reliant Wealth Planning acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth $45,289,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 359.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,452 shares of the company’s stock worth $46,256,000 after buying an additional 813,385 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% in the 4th quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock valued at $693,577,000 after acquiring an additional 772,345 shares in the last quarter. CPC Advisors LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 99.1% in the first quarter. CPC Advisors LLC now owns 1,225,470 shares of the company’s stock valued at $54,962,000 after acquiring an additional 610,117 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 22.8% in the fourth quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock valued at $130,357,000 after acquiring an additional 543,114 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of NYSEARCA DIVO opened at $47.49 on Friday. The stock has a 50 day moving average price of $47.53 and a 200 day moving average price of $46.36. The stock has a market capitalization of $7.72 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $43.46 and a 52 week high of $49.03.

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.