Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Newly Acquired by Financial Designs Corp

Financial Designs Corp bought a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 309,129 shares of the company’s stock, valued at approximately $14,371,000. Amplify CWP Enhanced Dividend Income ETF comprises approximately 7.4% of Financial Designs Corp’s investment portfolio, making the stock its 6th biggest position. Financial Designs Corp owned about 0.18% of Amplify CWP Enhanced Dividend Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Talon Private Wealth LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the second quarter valued at approximately $2,478,000. NBZ Investment Advisors LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 2.9% during the first quarter. NBZ Investment Advisors LLC now owns 528,700 shares of the company’s stock valued at $23,712,000 after buying an additional 15,055 shares during the period. Peak Planning Group LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth approximately $1,392,000. Hibernia Wealth Partners LLC boosted its position in Amplify CWP Enhanced Dividend Income ETF by 3.6% during the first quarter. Hibernia Wealth Partners LLC now owns 870,390 shares of the company’s stock worth $39,037,000 after acquiring an additional 30,122 shares during the last quarter. Finally, Foguth Wealth Management LLC. grew its stake in Amplify CWP Enhanced Dividend Income ETF by 121.7% in the 1st quarter. Foguth Wealth Management LLC. now owns 262,887 shares of the company’s stock worth $12,156,000 after acquiring an additional 144,305 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO opened at $47.13 on Friday. The stock has a fifty day moving average of $47.77 and a two-hundred day moving average of $46.53. The company has a market capitalization of $7.97 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $43.55 and a fifty-two week high of $49.03.

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.