Sigma Planning Corp Makes New Investment in Amplify CWP Enhanced Dividend Income ETF $DIVO

Sigma Planning Corp purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 41,777 shares of the company’s stock, valued at approximately $1,942,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DIVO. Retirement Planning Group LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth $166,636,000. Financial Designs Corp purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the third quarter valued at $14,371,000. Envestnet Asset Management Inc. increased its position in Amplify CWP Enhanced Dividend Income ETF by 8.9% during the second quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock valued at $166,148,000 after acquiring an additional 295,894 shares during the last quarter. Foguth Wealth Management LLC. increased its position in Amplify CWP Enhanced Dividend Income ETF by 121.7% during the first quarter. Foguth Wealth Management LLC. now owns 262,887 shares of the company’s stock valued at $12,156,000 after acquiring an additional 144,305 shares during the last quarter. Finally, Altus Wealth Group LLC lifted 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 valued at $13,164,000 after acquiring an additional 122,915 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $47.83 on Wednesday. The company has a market cap of $8.04 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The business’s 50-day moving average is $47.71 and its two-hundred day moving average is $46.48. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $43.90 and a fifty-two week high of $49.03.

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.