Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sets New 52-Week High – Time to Buy?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $41.07 and last traded at $41.05, with a volume of 377360 shares changing hands. The stock had previously closed at $40.87.

Amplify CWP International Enhanced Dividend Income ETF Stock Up 0.4%

The stock’s 50 day moving average price is $38.44 and its two-hundred day moving average price is $36.79. The firm has a market capitalization of $722.48 million, a price-to-earnings ratio of 16.90 and a beta of 0.74.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Pinnacle Bancorp Inc. acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter valued at about $128,000. Farther Finance Advisors LLC bought a new position in Amplify CWP International Enhanced Dividend Income ETF during the second quarter valued at approximately $581,000. West Michigan Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 7.5% in the second quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock valued at $662,000 after acquiring an additional 1,344 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Amplify CWP International Enhanced Dividend Income ETF by 27.6% in the second quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock valued at $1,842,000 after acquiring an additional 11,597 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position 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 worth $22,429,000 after acquiring an additional 37,231 shares in the last quarter.

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.