Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Sets New 52-Week High – Here’s What Happened

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) reached a new 52-week high during trading on Thursday . The stock traded as high as $41.89 and last traded at $41.76, with a volume of 18954 shares traded. The stock had previously closed at $41.77.

Amplify YieldShares CWP Dividend & Option Income ETF Trading Up 0.3 %

The stock has a market cap of $3.44 billion, a P/E ratio of 15.30 and a beta of 0.55. The firm’s 50-day simple moving average is $40.92 and its 200 day simple moving average is $39.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Webster Bank N. A. boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 9.4% in the second quarter. Webster Bank N. A. now owns 7,659 shares of the company’s stock valued at $296,000 after acquiring an additional 659 shares in the last quarter. West Michigan Advisors LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 0.8% in the third quarter. West Michigan Advisors LLC now owns 329,266 shares of the company’s stock valued at $13,562,000 after acquiring an additional 2,609 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the second quarter valued at approximately $213,000. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 5.7% in the third quarter. Jaffetilchin Investment Partners LLC now owns 103,669 shares of the company’s stock valued at $4,270,000 after acquiring an additional 5,622 shares in the last quarter. Finally, Busey Bank bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the second quarter valued at approximately $226,000.

About Amplify YieldShares CWP Dividend & Option 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.