OakTrust Wealth Advisors LLC Purchases Shares of 85,859 Amplify CWP Enhanced Dividend Income ETF $DIVO

OakTrust Wealth Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 4th quarter, Holdings Channel.com reports. The fund purchased 85,859 shares of the company’s stock, valued at approximately $3,821,000. Amplify CWP Enhanced Dividend Income ETF accounts for about 3.5% of OakTrust Wealth Advisors LLC’s holdings, making the stock its 12th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Reliant Wealth Planning acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at approximately $45,289,000. Northwestern Mutual Wealth Management Co. increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 359.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,452 shares of the company’s stock worth $46,256,000 after buying an additional 813,385 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 5.2% during the fourth quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock worth $693,577,000 after buying an additional 772,345 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth $33,547,000. Finally, Morgan Stanley raised its position in Amplify CWP Enhanced Dividend Income ETF by 22.8% during the fourth quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock worth $130,357,000 after acquiring an additional 543,114 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO stock opened at $45.87 on Friday. The stock has a market cap of $6.97 billion, a P/E ratio of 22.46 and a beta of 0.65. The company has a fifty day moving average price of $45.85 and a two-hundred day moving average price of $45.73. Amplify CWP Enhanced Dividend Income ETF has a one year low of $41.37 and a one year high of $47.30.

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.