MTM Investment Management LLC Raises Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

MTM Investment Management LLC increased its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 6.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 187,715 shares of the company’s stock after buying an additional 11,116 shares during the period. Amplify CWP Enhanced Dividend Income ETF accounts for about 2.7% of MTM Investment Management LLC’s investment portfolio, making the stock its 5th biggest position. MTM Investment Management LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $8,419,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIVO. Financial Designs Corp raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 4.5% during the 4th quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock worth $13,476,000 after acquiring an additional 12,906 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 6.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 231,938 shares of the company’s stock valued at $10,321,000 after purchasing an additional 14,738 shares in the last quarter. Leo Wealth LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at $5,202,000. Benchmark Financial Wealth Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at $1,513,000. Finally, Savvy Advisors Inc. bought a new stake in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter worth $2,445,000.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.7%

Amplify CWP Enhanced Dividend Income ETF stock opened at $46.36 on Friday. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The firm’s fifty day moving average is $46.05 and its 200 day moving average is $45.81. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $42.29 and a 52-week high of $47.30.

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.