Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 6.7% during the fourth quarter, HoldingsChannel reports. The fund owned 2,136,241 shares of the company’s stock after buying an additional 135,065 shares during the period. HighTower Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $95,063,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Optima Capital LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $27,000. Financial Consulate Inc. acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $28,000. Flagship Harbor Advisors LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $53,000. Root Financial Partners LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at approximately $63,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $90,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO opened at $45.50 on Wednesday. The business’s 50 day moving average price is $45.37 and its 200 day moving average price is $45.54. Amplify CWP Enhanced Dividend Income ETF has a one year low of $40.58 and a one year high of $47.30. The stock has a market capitalization of $6.91 billion, a PE ratio of 22.46 and a beta of 0.65.

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.