Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Trading 0.2% Higher – Time to Buy?

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO)’s share price rose 0.2% on Friday . The stock traded as high as $29.18 and last traded at $29.11. Approximately 347,926 shares were traded during trading, a decline of 33% from the average daily volume of 521,300 shares. The stock had previously closed at $29.04.

Amplify CWP Growth & Income ETF Stock Up 0.2%

The stock has a market cap of $578.71 million, a price-to-earnings ratio of 35.30 and a beta of 1.03. The company’s 50-day moving average is $29.17 and its 200-day moving average is $28.96.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

A number of hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC bought a new position in shares of Amplify CWP Growth & Income ETF during the 3rd quarter worth approximately $29,000. Steward Partners Investment Advisory LLC bought a new stake in Amplify CWP Growth & Income ETF in the second quarter valued at $78,000. Latitude Advisors LLC acquired a new position in Amplify CWP Growth & Income ETF during the third quarter worth $202,000. Traynor Capital Management Inc. acquired a new position in Amplify CWP Growth & Income ETF during the fourth quarter worth $216,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at $231,000.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.