Amplify High Income ETF (NYSEARCA:YYY) Stock Price Up 0.4%

Amplify High Income ETF (NYSEARCA:YYY)’s share price was up 0.4% during trading on Friday . The company traded as high as $12.03 and last traded at $12.02. Approximately 219,703 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 243,798 shares. The stock had previously closed at $11.97.

Amplify High Income ETF Price Performance

The company has a 50-day moving average of $11.95 and a two-hundred day moving average of $11.87. The company has a market capitalization of $433.56 million, a PE ratio of 15.05 and a beta of 0.47.

Hedge Funds Weigh In On Amplify High Income ETF

Several large investors have recently added to or reduced their stakes in the company. Independent Wealth Network Inc. grew its position in shares of Amplify High Income ETF by 0.9% during the first quarter. Independent Wealth Network Inc. now owns 125,439 shares of the company’s stock worth $1,513,000 after purchasing an additional 1,083 shares in the last quarter. Carmichael Hill & Associates Inc. raised its position in shares of Amplify High Income ETF by 43.9% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 3,599 shares of the company’s stock valued at $42,000 after buying an additional 1,098 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Amplify High Income ETF by 9.7% during the first quarter. Oppenheimer & Co. Inc. now owns 17,338 shares of the company’s stock valued at $209,000 after buying an additional 1,532 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of Amplify High Income ETF by 28.2% in the fourth quarter. ORG Partners LLC now owns 7,690 shares of the company’s stock worth $89,000 after buying an additional 1,690 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in Amplify High Income ETF by 3.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 58,235 shares of the company’s stock valued at $677,000 after acquiring an additional 1,964 shares in the last quarter.

Amplify High Income ETF Company 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.