Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Trading 1.2% Higher – Here’s What Happened

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS)’s stock price traded up 1.2% during mid-day trading on Wednesday . The company traded as high as $34.15 and last traded at $34.14. 17,178 shares changed hands during mid-day trading, an increase of 118% from the average session volume of 7,892 shares. The stock had previously closed at $33.73.

Amplify Cash Flow Dividend Leaders ETF Price Performance

The business’s 50 day moving average price is $33.85 and its 200-day moving average price is $33.56. The company has a market cap of $32.98 million, a P/E ratio of 10.37 and a beta of 0.97.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 29th were paid a $0.0272 dividend. The ex-dividend date was Wednesday, April 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 0.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 133,195 shares of the company’s stock valued at $4,280,000 after purchasing an additional 891 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 2.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock valued at $1,206,000 after purchasing an additional 916 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $42,000. Cetera Investment Advisers increased its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 16.4% in the fourth quarter. Cetera Investment Advisers now owns 26,270 shares of the company’s stock valued at $874,000 after purchasing an additional 3,702 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $128,000.

Amplify Cash Flow Dividend Leaders ETF Company Profile

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.