Rockport Wealth LLC Grows Stake in Amplify High Income ETF (NYSEARCA:YYY)

Rockport Wealth LLC lifted its stake in Amplify High Income ETF (NYSEARCA:YYY) by 0.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 136,349 shares of the company’s stock after buying an additional 1,222 shares during the quarter. Amplify High Income ETF makes up 0.7% of Rockport Wealth LLC’s holdings, making the stock its 20th largest holding. Rockport Wealth LLC’s holdings in Amplify High Income ETF were worth $1,638,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of YYY. LJI Wealth Management LLC lifted its position in Amplify High Income ETF by 7.7% in the 2nd quarter. LJI Wealth Management LLC now owns 1,016,263 shares of the company’s stock valued at $12,205,000 after acquiring an additional 72,324 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Amplify High Income ETF by 48.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 323,726 shares of the company’s stock valued at $3,888,000 after purchasing an additional 105,126 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Amplify High Income ETF by 21.4% during the second quarter. Envestnet Asset Management Inc. now owns 161,851 shares of the company’s stock valued at $1,944,000 after buying an additional 28,563 shares during the last quarter. Independent Wealth Network Inc. boosted 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 valued at $1,513,000 after buying an additional 1,083 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Amplify High Income ETF by 18.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 119,075 shares of the company’s stock worth $1,436,000 after buying an additional 18,871 shares in the last quarter.

Amplify High Income ETF Stock Performance

Shares of NYSEARCA:YYY opened at $12.24 on Friday. The firm has a market cap of $441.86 million, a price-to-earnings ratio of 15.05 and a beta of 0.47. The business has a 50-day simple moving average of $12.06 and a two-hundred day simple moving average of $11.99. Amplify High Income ETF has a fifty-two week low of $10.37 and a fifty-two week high of $12.40.

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.