Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Hits New 12-Month High at $41.31

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) hit a new 52-week high during trading on Friday . The company traded as high as $41.31 and last traded at $41.22, with a volume of 42321 shares changing hands. The stock had previously closed at $41.03.

Amplify YieldShares CWP Dividend & Option Income ETF Price Performance

The stock has a market capitalization of $3.38 billion, a PE ratio of 15.30 and a beta of 0.55. The company’s 50 day moving average price is $39.83 and its two-hundred day moving average price is $39.02.

Hedge Funds Weigh In On Amplify YieldShares CWP Dividend & Option Income ETF

Institutional investors have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the 1st quarter valued at approximately $76,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 1st quarter worth $212,000. Retirement Group LLC raised its position in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 2.5% during the 1st quarter. Retirement Group LLC now owns 20,655 shares of the company’s stock worth $803,000 after acquiring an additional 500 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 9.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,372,634 shares of the company’s stock worth $53,368,000 after buying an additional 115,507 shares during the last quarter. Finally, Vantage Financial Partners LLC boosted its stake in Amplify YieldShares CWP Dividend & Option Income ETF by 2.8% in the first quarter. Vantage Financial Partners LLC now owns 316,785 shares of the company’s stock valued at $12,317,000 after acquiring an additional 8,608 shares in the last quarter.

Amplify YieldShares CWP Dividend & Option 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.