Shares of Amplify High Income ETF (NYSEARCA:YYY – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $10.68 and last traded at $10.6850, with a volume of 211438 shares traded. The stock had previously closed at $10.81.
Amplify High Income ETF Price Performance
The business’s 50-day simple moving average is $11.26 and its two-hundred day simple moving average is $11.34. The stock has a market cap of $691.61 million, a price-to-earnings ratio of 22.17 and a beta of 0.72.
Hedge Funds Weigh In On Amplify High Income ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. Wedbush Securities Inc. increased its holdings in Amplify High Income ETF by 37.5% in the second quarter. Wedbush Securities Inc. now owns 325,327 shares of the company’s stock valued at $8,732,000 after purchasing an additional 88,794 shares during the period. World Investment Advisors grew its position in shares of Amplify High Income ETF by 107.8% in the 4th quarter. World Investment Advisors now owns 156,056 shares of the company’s stock valued at $1,796,000 after buying an additional 80,942 shares during the last quarter. VectorGlobal IAG Inc. acquired a new stake in shares of Amplify High Income ETF in the first quarter valued at about $631,000. PFG Investments LLC increased its stake in shares of Amplify High Income ETF by 491.1% in the first quarter. PFG Investments LLC now owns 65,527 shares of the company’s stock valued at $723,000 after buying an additional 54,442 shares during the period. Finally, NWF Advisory Services Inc. raised its position in shares of Amplify High Income ETF by 6.3% during the second quarter. NWF Advisory Services Inc. now owns 714,145 shares of the company’s stock worth $8,234,000 after acquiring an additional 42,200 shares during the last quarter.
About Amplify High Income ETF
The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.
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