Carter Financial Group INC. Takes $2.84 Million Position in Amplify COWS Covered Call ETF $HCOW

Carter Financial Group INC. acquired a new stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 120,017 shares of the company’s stock, valued at approximately $2,838,000. Amplify COWS Covered Call ETF makes up approximately 1.5% of Carter Financial Group INC.’s portfolio, making the stock its 16th largest position. Carter Financial Group INC. owned 17.39% of Amplify COWS Covered Call ETF as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. First PREMIER Bank bought a new position in shares of Amplify COWS Covered Call ETF in the second quarter worth $48,000. A. D. Beadell Investment Counsel Inc. purchased a new position in Amplify COWS Covered Call ETF during the second quarter worth about $93,000. Strategic Advisors LLC bought a new position in Amplify COWS Covered Call ETF in the 2nd quarter worth about $243,000. Citadel Advisors LLC increased its stake in Amplify COWS Covered Call ETF by 22.2% in the 3rd quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock worth $573,000 after acquiring an additional 4,334 shares during the last quarter. Finally, Nwam LLC purchased a new stake in shares of Amplify COWS Covered Call ETF in the 2nd quarter valued at about $1,846,000.

Amplify COWS Covered Call ETF Trading Up 0.4%

Shares of HCOW opened at $25.75 on Thursday. Amplify COWS Covered Call ETF has a 12-month low of $22.66 and a 12-month high of $26.53. The company has a market cap of $17.77 million, a PE ratio of 13.13 and a beta of 0.72. The stock has a 50-day moving average price of $25.03 and a 200-day moving average price of $24.22.

Amplify COWS Covered Call ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 28th were paid a $0.2183 dividend. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend was Friday, August 28th.

Amplify COWS Covered Call ETF Company Profile

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.