Jefferies Financial Group Inc. Raises Stock Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Jefferies Financial Group Inc. raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 61.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,072 shares of the company’s stock after purchasing an additional 18,997 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $2,232,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at approximately $49,000. Simplex Trading LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% in the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after buying an additional 1,215 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 127.8% in the third quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock worth $61,000 after buying an additional 772 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at $63,000. Finally, AE Wealth Management LLC raised its holdings in Amplify CWP Enhanced Dividend Income ETF by 15.3% in the third quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after acquiring an additional 358 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA DIVO opened at $45.88 on Wednesday. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 12 month low of $36.20 and a 12 month high of $47.30. The company’s fifty day moving average price is $45.99 and its two-hundred day moving average price is $45.16.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.1863 dividend. This is a boost from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

Amplify CWP Enhanced Dividend Income ETF Company 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.