Amplify COWS Covered Call ETF (NASDAQ:HCOW) Raises Dividend to $0.24 Per Share

Amplify COWS Covered Call ETF (NASDAQ:HCOW) declared a dividend on Wednesday, May 27th, NASDAQ Dividends reports. Investors of record on Thursday, May 28th will be paid a dividend of 0.2407 per share on Friday, May 29th. The ex-dividend date of this dividend is Thursday, May 28th. This is a 3.3% increase from Amplify COWS Covered Call ETF’s previous dividend of $0.23.

Amplify COWS Covered Call ETF Price Performance

Shares of HCOW opened at $24.06 on Thursday. The company has a market capitalization of $15.16 million, a PE ratio of 13.13 and a beta of 0.76. Amplify COWS Covered Call ETF has a one year low of $21.71 and a one year high of $25.06. The company’s fifty day moving average price is $23.54 and its 200 day moving average price is $24.01.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC boosted its holdings in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,859 shares of the company’s stock after buying an additional 4,334 shares during the period. Citadel Advisors LLC owned approximately 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent SEC filing.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.