355,543 Shares in Amplify CWP Enhanced Dividend Income ETF $DIVO Purchased by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 355,543 shares of the company’s stock, valued at approximately $16,529,000.

Other large investors have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth approximately $166,636,000. Envestnet Asset Management Inc. raised its position in Amplify CWP Enhanced Dividend Income ETF by 8.9% in the second quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock valued at $166,148,000 after purchasing an additional 295,894 shares during the period. Royal Bank of Canada raised its position in Amplify CWP Enhanced Dividend Income ETF by 4.6% in the first quarter. Royal Bank of Canada now owns 1,779,901 shares of the company’s stock valued at $79,829,000 after purchasing an additional 78,498 shares during the period. MBL Wealth LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.3% in the 3rd quarter. MBL Wealth LLC now owns 1,070,072 shares of the company’s stock valued at $49,748,000 after purchasing an additional 44,311 shares during the last quarter. Finally, Reliant Wealth Planning lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.0% in the 1st quarter. Reliant Wealth Planning now owns 1,058,336 shares of the company’s stock valued at $47,466,000 after purchasing an additional 40,616 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.4%

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $47.15 on Wednesday. The firm has a market cap of $8.00 billion, a PE ratio of 20.69 and a beta of 0.63. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $43.90 and a 52 week high of $49.03. The business’s fifty day simple moving average is $47.47 and its 200-day simple moving average is $46.58.

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.