Gateway Wealth Partners LLC Has $1.91 Million Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Gateway Wealth Partners LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 83.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 42,516 shares of the company’s stock after purchasing an additional 19,370 shares during the period. Gateway Wealth Partners LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,907,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of DIVO. Financial Designs Corp boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 4.5% during the 4th quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock worth $13,476,000 after acquiring an additional 12,906 shares during the last quarter. Capital Investment Advisory Services LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 6.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 231,938 shares of the company’s stock valued at $10,321,000 after purchasing an additional 14,738 shares during the last quarter. Leo Wealth LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at about $5,202,000. Benchmark Financial Wealth Advisors LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at about $1,513,000. Finally, Savvy Advisors Inc. bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter valued at about $2,445,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $47.16 on Wednesday. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $42.29 and a fifty-two week high of $47.30. The stock has a market cap of $7.56 billion, a PE ratio of 22.46 and a beta of 0.65. The firm’s 50-day simple moving average is $46.20 and its 200 day simple moving average is $45.89.

About Amplify CWP Enhanced Dividend Income ETF

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.