Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Reaches New 1-Year High – Here’s Why

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s stock price hit a new 52-week high on Friday . The company traded as high as $40.24 and last traded at $40.0360, with a volume of 460 shares. The stock had previously closed at $39.90.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

The business has a fifty day moving average price of $38.19 and a 200 day moving average price of $36.58. The company has a market capitalization of $667.80 million, a price-to-earnings ratio of 16.90 and a beta of 0.74.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

A number of large investors have recently modified their holdings of IDVO. Janney Montgomery Scott LLC boosted its holdings in Amplify CWP International Enhanced Dividend Income ETF by 6.0% in the second quarter. Janney Montgomery Scott LLC now owns 652,770 shares of the company’s stock valued at $22,429,000 after acquiring an additional 37,231 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Amplify CWP International Enhanced Dividend Income ETF by 2.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock valued at $2,047,000 after purchasing an additional 1,291 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock valued at $829,000 after purchasing an additional 5,310 shares during the last quarter. West Michigan Advisors LLC grew its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 7.5% during the 2nd quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock worth $662,000 after buying an additional 1,344 shares during the period. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter worth approximately $128,000.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.