Money Concepts Capital Corp Grows Stock Position in Amplify High Income ETF (NYSEARCA:YYY)

Money Concepts Capital Corp lifted its stake in shares of Amplify High Income ETF (NYSEARCA:YYY) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,186 shares of the company’s stock after purchasing an additional 1,359 shares during the quarter. Money Concepts Capital Corp’s holdings in Amplify High Income ETF were worth $140,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Geneos Wealth Management Inc. purchased a new stake in shares of Amplify High Income ETF during the fourth quarter worth approximately $29,000. Independent Wealth Network Inc. raised its stake in shares of Amplify High Income ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 144,565 shares of the company’s stock worth $1,665,000 after purchasing an additional 2,693 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Amplify High Income ETF during the fourth quarter worth approximately $554,000. Oxinas Partners Wealth Management LLC purchased a new stake in shares of Amplify High Income ETF during the fourth quarter worth approximately $170,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Amplify High Income ETF during the fourth quarter worth approximately $4,923,000.

Amplify High Income ETF Price Performance

Amplify High Income ETF stock opened at $11.96 on Friday. Amplify High Income ETF has a 12 month low of $11.42 and a 12 month high of $12.40. The business has a 50 day simple moving average of $11.87 and a 200-day simple moving average of $12.02. The stock has a market capitalization of $431.76 million, a PE ratio of 15.05 and a beta of 0.47.

Amplify High Income ETF Company Profile

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.