Sigma Planning Corp Increases Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Sigma Planning Corp boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 630.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,156 shares of the company’s stock after buying an additional 30,341 shares during the quarter. Sigma Planning Corp’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,564,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Optima Capital LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $27,000. Financial Consulate Inc. purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth $53,000. Geneos Wealth Management Inc. raised its stake in 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 valued at $61,000 after buying an additional 772 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the 3rd quarter worth about $63,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO stock opened at $45.63 on Monday. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $40.12 and a fifty-two week high of $47.30. The business has a 50 day moving average price of $45.59 and a 200 day moving average price of $45.49.

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.