Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Acquired by TBH Global Asset Management LLC

TBH Global Asset Management LLC increased its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 10.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 140,398 shares of the company’s stock after buying an additional 13,262 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises 1.2% of TBH Global Asset Management LLC’s holdings, making the stock its 16th largest position. TBH Global Asset Management LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $5,903,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Optivise Advisory Services LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth $204,000. Sowell Financial Services LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 8.8% during the third quarter. Sowell Financial Services LLC now owns 5,752 shares of the company’s stock worth $256,000 after acquiring an additional 464 shares during the last quarter. HBW Advisory Services LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter worth about $838,000. MBL Wealth LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.2% in the third quarter. MBL Wealth LLC now owns 917,279 shares of the company’s stock valued at $40,883,000 after purchasing an additional 19,524 shares during the last quarter. Finally, HBK Sorce Advisory LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.8% in the third quarter. HBK Sorce Advisory LLC now owns 20,301 shares of the company’s stock valued at $899,000 after purchasing an additional 353 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 2.3%

DIVO stock opened at $44.83 on Wednesday. The stock’s 50 day moving average is $45.24 and its two-hundred day moving average is $44.00. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $36.20 and a 52-week high of $46.23. The company has a market capitalization of $5.42 billion, a PE ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF 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.