Moran Wealth Management LLC Increases Stock Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Moran Wealth Management LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 52.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,622 shares of the company’s stock after buying an additional 47,499 shares during the period. Moran Wealth Management LLC owned approximately 0.09% of Amplify CWP Enhanced Dividend Income ETF worth $6,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIVO. Altus Wealth Group LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 72.0% in the first quarter. Altus Wealth Group LLC now owns 293,519 shares of the company’s stock worth $13,164,000 after acquiring an additional 122,915 shares in the last quarter. Sierra Ocean LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 2.3% during the first quarter. Sierra Ocean LLC now owns 128,069 shares of the company’s stock valued at $5,744,000 after acquiring an additional 2,836 shares in the last quarter. Baer Investment Advisory LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 1st quarter valued at approximately $5,017,000. World Investment Advisors raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 16.3% in the 1st quarter. World Investment Advisors now owns 45,954 shares of the company’s stock valued at $2,061,000 after purchasing an additional 6,435 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 1st quarter valued at approximately $181,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO stock opened at $46.43 on Friday. The stock has a market capitalization of $7.31 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $42.29 and a 52 week high of $47.30. The firm has a 50 day moving average of $45.86 and a 200 day moving average of $45.76.

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.