Royal Bank of Canada Raises Stake in Amplify CWP Growth & Income ETF $QDVO

Royal Bank of Canada increased its stake in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) by 15.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 365,086 shares of the company’s stock after buying an additional 47,520 shares during the period. Royal Bank of Canada’s holdings in Amplify CWP Growth & Income ETF were worth $9,730,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QDVO. Raymond James Financial Inc. boosted its position in Amplify CWP Growth & Income ETF by 822.2% in the 3rd quarter. Raymond James Financial Inc. now owns 644,420 shares of the company’s stock valued at $18,714,000 after buying an additional 574,541 shares during the period. Merit Financial Group LLC grew its stake in Amplify CWP Growth & Income ETF by 3.3% in the 4th quarter. Merit Financial Group LLC now owns 622,854 shares of the company’s stock worth $18,075,000 after acquiring an additional 20,052 shares in the last quarter. LPL Financial LLC increased its position in shares of Amplify CWP Growth & Income ETF by 17.4% during the fourth quarter. LPL Financial LLC now owns 243,983 shares of the company’s stock worth $7,080,000 after acquiring an additional 36,241 shares during the period. Visionary Wealth Advisors increased its position in shares of Amplify CWP Growth & Income ETF by 15.9% during the fourth quarter. Visionary Wealth Advisors now owns 113,043 shares of the company’s stock worth $3,280,000 after acquiring an additional 15,521 shares during the period. Finally, Osaic Holdings Inc. bought a new stake in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at approximately $2,014,000.

Amplify CWP Growth & Income ETF Stock Performance

Shares of NYSEARCA QDVO opened at $30.08 on Monday. The firm has a market capitalization of $748.39 million, a price-to-earnings ratio of 35.30 and a beta of 1.04. The stock has a 50 day moving average price of $29.66 and a 200 day moving average price of $29.00. Amplify CWP Growth & Income ETF has a 52-week low of $25.75 and a 52-week high of $30.97.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.