Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Drops By 74.5%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 7,902 shares, a decrease of 74.5% from the January 29th total of 31,033 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 365,362 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 365,362 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

Several large investors have recently modified their holdings of the stock. CWM LLC grew its stake in Amplify CWP Growth & Income ETF by 96.2% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $33,000 after purchasing an additional 560 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its position in shares of Amplify CWP Growth & Income ETF by 5.1% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 12,121 shares of the company’s stock worth $352,000 after acquiring an additional 587 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of Amplify CWP Growth & Income ETF in the 3rd quarter worth approximately $29,000. NewEdge Advisors LLC increased its holdings in shares of Amplify CWP Growth & Income ETF by 13.0% in the 4th quarter. NewEdge Advisors LLC now owns 13,604 shares of the company’s stock valued at $395,000 after acquiring an additional 1,565 shares during the last quarter. Finally, Capital Wealth Planning LLC raised its position in shares of Amplify CWP Growth & Income ETF by 22.4% during the 3rd quarter. Capital Wealth Planning LLC now owns 9,203 shares of the company’s stock valued at $267,000 after acquiring an additional 1,687 shares in the last quarter.

Amplify CWP Growth & Income ETF Price Performance

Shares of NYSEARCA:QDVO traded down $0.15 during midday trading on Friday, reaching $27.89. The company had a trading volume of 401,932 shares, compared to its average volume of 425,978. The stock’s fifty day moving average price is $28.84 and its 200-day moving average price is $29.02. The stock has a market capitalization of $580.11 million, a P/E ratio of 35.30 and a beta of 1.03. Amplify CWP Growth & Income ETF has a one year low of $21.60 and a one year high of $30.40.

Amplify CWP Growth & Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 26th will be given a $0.2363 dividend. The ex-dividend date of this dividend is Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 10.2%.

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.