Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Sets New 12-Month High – Here’s Why

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) hit a new 52-week high during trading on Tuesday . The company traded as high as $48.26 and last traded at $48.25, with a volume of 70408 shares trading hands. The stock had previously closed at $48.16.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

The company’s fifty day simple moving average is $46.46 and its two-hundred day simple moving average is $46.02. The stock has a market capitalization of $7.84 billion, a PE ratio of 22.46 and a beta of 0.64.

Institutional Trading of Amplify CWP Enhanced Dividend Income ETF

Several large investors have recently modified their holdings of the business. Simplex Trading LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $26,000. Optima Capital LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at $27,000. Evelyn Partners Asset Management Ltd acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at $30,000. Flagship Harbor Advisors LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth $53,000. Finally, Blue Trust Inc. raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 1,295.8% in the first quarter. Blue Trust Inc. now owns 2,652 shares of the company’s stock worth $119,000 after acquiring an additional 2,462 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Company 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.