Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Sets New 52-Week High – Should You Buy?

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVOGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $47.45 and last traded at $47.35, with a volume of 43318 shares changing hands. The stock had previously closed at $47.09.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The business’s 50-day moving average is $46.27 and its 200-day moving average is $45.93.

Hedge Funds Weigh In On Amplify CWP Enhanced Dividend Income ETF

Several hedge funds have recently added to or reduced their stakes in DIVO. Simplex Trading LLC bought a new position in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth about $26,000. Optima Capital LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $27,000. Financial Consulate Inc. acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $28,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at approximately $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at $53,000.

Amplify CWP Enhanced Dividend Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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