78,053 Shares in Amplify COWS Covered Call ETF $HCOW Bought by Nwam LLC

Nwam LLC purchased a new position in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 78,053 shares of the company’s stock, valued at approximately $1,846,000. Nwam LLC owned 11.31% of Amplify COWS Covered Call ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HCOW. RPg Family Wealth Advisory LLC purchased a new position in shares of Amplify COWS Covered Call ETF in the 2nd quarter valued at about $3,005,000. Risk Paradigm Group LLC acquired a new stake in shares of Amplify COWS Covered Call ETF during the 2nd quarter worth about $3,005,000. Citadel Advisors LLC raised its position in shares of Amplify COWS Covered Call ETF by 22.2% during the 3rd quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock worth $573,000 after acquiring an additional 4,334 shares in the last quarter. A. D. Beadell Investment Counsel Inc. purchased a new stake in Amplify COWS Covered Call ETF during the second quarter worth approximately $93,000. Finally, Strategic Advisors LLC purchased a new stake in Amplify COWS Covered Call ETF during the second quarter worth approximately $243,000.

Amplify COWS Covered Call ETF Trading Down 0.8%

Shares of Amplify COWS Covered Call ETF stock opened at $25.65 on Wednesday. The company has a fifty day simple moving average of $24.99 and a 200-day simple moving average of $24.21. The stock has a market cap of $17.70 million, a price-to-earnings ratio of 13.13 and a beta of 0.72. Amplify COWS Covered Call ETF has a 12-month low of $22.66 and a 12-month high of $26.53.

Amplify COWS Covered Call ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 28th were given a dividend of $0.2183 per share. The ex-dividend date was Friday, August 28th.

Amplify COWS Covered Call ETF Profile

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.