VectorGlobal IAG Inc. Takes Position in Amplify High Income ETF $YYY

VectorGlobal IAG Inc. bought a new stake in Amplify High Income ETF (NYSEARCA:YYY) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 57,164 shares of the company’s stock, valued at approximately $631,000. VectorGlobal IAG Inc. owned about 0.09% of Amplify High Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Western Wealth Management LLC purchased a new position in Amplify High Income ETF during the 1st quarter valued at about $66,000. Centaurus Financial Inc. lifted its holdings in Amplify High Income ETF by 145.1% during the 1st quarter. Centaurus Financial Inc. now owns 41,805 shares of the company’s stock worth $461,000 after buying an additional 24,750 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in Amplify High Income ETF by 35.8% during the first quarter. Arkadios Wealth Advisors now owns 18,982 shares of the company’s stock worth $209,000 after purchasing an additional 5,001 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Amplify High Income ETF by 16.8% in the 1st quarter. Cetera Investment Advisers now owns 242,369 shares of the company’s stock valued at $2,673,000 after buying an additional 34,916 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in Amplify High Income ETF in the first quarter valued at $423,000.

Amplify High Income ETF Price Performance

Shares of NYSEARCA YYY opened at $11.26 on Monday. The stock has a market cap of $724.58 million, a PE ratio of 22.17 and a beta of 0.71. Amplify High Income ETF has a 52-week low of $10.69 and a 52-week high of $11.93. The business has a 50-day moving average price of $11.45 and a 200 day moving average price of $11.48.

Amplify High Income ETF Company Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.