Amplify CWP Enhanced Dividend Income ETF $DIVO Stake Increased by Sierra Ocean LLC

Sierra Ocean LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 26.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 167,082 shares of the company’s stock after purchasing an additional 34,716 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF accounts for about 4.8% of Sierra Ocean LLC’s investment portfolio, making the stock its 8th largest holding. Sierra Ocean LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $7,768,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. NFSG Corp acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the third quarter valued at approximately $25,000. Tsfg LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 31.0% in the second quarter. Tsfg LLC now owns 1,386 shares of the company’s stock worth $63,000 after acquiring an additional 328 shares in the last quarter. Atwood & Palmer Inc. acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter worth $99,000. Foresight Capital Management Advisors Inc. purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at $107,000. Finally, Operose Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter valued at $126,000.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.3%

NYSEARCA:DIVO opened at $46.61 on Friday. The firm has a market capitalization of $7.89 billion, a price-to-earnings ratio of 22.46 and a beta of 0.63. The firm’s fifty day simple moving average is $47.52 and its 200 day simple moving average is $46.56. Amplify CWP Enhanced Dividend Income ETF has a twelve month low of $43.90 and a twelve month high of $49.03.

Amplify CWP Enhanced Dividend Income ETF Company Profile

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.