Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Plans $0.12 Quarterly Dividend

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) announced a quarterly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.116 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, December 30th.

Amplify Bloomberg AI Value Chain ETF Stock Performance

AIVC opened at $68.61 on Tuesday. The stock has a market cap of $34.31 million, a price-to-earnings ratio of 21.80 and a beta of 1.07. Amplify Bloomberg AI Value Chain ETF has a 1 year low of $35.69 and a 1 year high of $72.79. The stock has a fifty day moving average price of $68.04 and a 200 day moving average price of $61.40.

Hedge Funds Weigh In On Amplify Bloomberg AI Value Chain ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in Amplify Bloomberg AI Value Chain ETF in the second quarter valued at approximately $46,000. Raymond James Financial Inc. bought a new position in shares of Amplify Bloomberg AI Value Chain ETF during the 2nd quarter valued at $64,000. Osaic Holdings Inc. lifted its stake in shares of Amplify Bloomberg AI Value Chain ETF by 177.2% in the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock valued at $75,000 after purchasing an additional 900 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF in the third quarter worth $206,000. Finally, Jane Street Group LLC acquired a new position in Amplify Bloomberg AI Value Chain ETF during the first quarter worth $635,000.

About Amplify Bloomberg AI Value Chain ETF

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.