Amplify High Income ETF $YYY Position Lowered by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 96.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,000 shares of the company’s stock after selling 405,945 shares during the quarter. International Assets Investment Management LLC’s holdings in Amplify High Income ETF were worth $135,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of YYY. Wedbush Securities Inc. grew its position in Amplify High Income ETF by 37.5% during the 2nd quarter. Wedbush Securities Inc. now owns 325,327 shares of the company’s stock worth $8,732,000 after acquiring an additional 88,794 shares during the last quarter. NWF Advisory Services Inc. increased its holdings in Amplify High Income ETF by 6.3% in the 2nd quarter. NWF Advisory Services Inc. now owns 714,145 shares of the company’s stock worth $8,234,000 after purchasing an additional 42,200 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Amplify High Income ETF by 12.9% in the second quarter. Envestnet Asset Management Inc. now owns 408,072 shares of the company’s stock valued at $4,705,000 after purchasing an additional 46,527 shares during the last quarter. Cetera Investment Advisers raised its position in Amplify High Income ETF by 16.8% in the first quarter. Cetera Investment Advisers now owns 242,369 shares of the company’s stock valued at $2,673,000 after purchasing an additional 34,916 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in Amplify High Income ETF by 3.6% in the first quarter. Kestra Advisory Services LLC now owns 188,124 shares of the company’s stock valued at $2,075,000 after purchasing an additional 6,580 shares during the last quarter.

Amplify High Income ETF Stock Up 1.1%

Shares of YYY stock traded up $0.11 during mid-day trading on Friday, reaching $10.30. 338,818 shares of the stock traded hands, compared to its average volume of 432,772. The stock’s fifty day simple moving average is $10.57 and its two-hundred day simple moving average is $11.24. Amplify High Income ETF has a 1-year low of $10.14 and a 1-year high of $11.91. The company has a market cap of $670.01 million, a price-to-earnings ratio of 22.17 and a beta of 0.74.

Amplify High Income ETF Profile

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.