Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Trading 0.3% Higher – Still a Buy?

Shares of Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) rose 0.3% on Wednesday . The stock traded as high as $43.06 and last traded at $42.86. Approximately 229,450 shares traded hands during trading, a decline of 33% from the average daily volume of 340,804 shares. The stock had previously closed at $42.72.

Amplify CWP International Enhanced Dividend Income ETF Trading Up 1.2%

The stock has a market cap of $1.37 billion, a P/E ratio of 16.90 and a beta of 0.68. The stock has a 50 day simple moving average of $42.38 and a 200 day simple moving average of $42.10.

Institutional Trading of Amplify CWP International Enhanced Dividend Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 278.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 155,789 shares of the company’s stock valued at $6,305,000 after acquiring an additional 114,580 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Amplify CWP International Enhanced Dividend Income ETF by 11.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock valued at $29,613,000 after buying an additional 81,057 shares during the last quarter. Reliant Wealth Planning bought a new position in Amplify CWP International Enhanced Dividend Income ETF in the 1st quarter valued at approximately $374,000. Arkadios Wealth Advisors acquired a new stake in Amplify CWP International Enhanced Dividend Income ETF during the 4th quarter worth approximately $229,000. Finally, West Michigan Advisors LLC grew its holdings in Amplify CWP International Enhanced Dividend Income ETF by 13.9% during the 4th quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock worth $899,000 after acquiring an additional 2,855 shares during the last quarter.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.