Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Sees Unusually-High Trading Volume – What’s Next?

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) shares saw an uptick in trading volume on Thursday . 502,535 shares traded hands during mid-day trading, an increase of 61% from the previous session’s volume of 312,643 shares.The stock last traded at $41.16 and had previously closed at $41.21.

Amplify YieldShares CWP Dividend & Option Income ETF Price Performance

The stock has a market cap of $4.01 billion, a P/E ratio of 23.67 and a beta of 0.75. The stock has a 50-day simple moving average of $41.63 and a 200-day simple moving average of $41.39.

Amplify YieldShares CWP Dividend & Option Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were given a dividend of $0.167 per share. This is a boost from Amplify YieldShares CWP Dividend & Option Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, February 27th.

Institutional Investors Weigh In On Amplify YieldShares CWP Dividend & Option Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Runnymede Capital Advisors Inc. bought a new position in Amplify YieldShares CWP Dividend & Option Income ETF in the 4th quarter valued at approximately $52,000. Ameriflex Group Inc. acquired a new position in Amplify YieldShares CWP Dividend & Option Income ETF in the 4th quarter valued at approximately $64,000. Millstone Evans Group LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter valued at $135,000. Farther Finance Advisors LLC grew its stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 41.0% in the fourth quarter. Farther Finance Advisors LLC now owns 5,086 shares of the company’s stock worth $206,000 after purchasing an additional 1,480 shares during the last quarter. Finally, Rosenberg Matthew Hamilton acquired a new stake in Amplify YieldShares CWP Dividend & Option Income ETF in the fourth quarter valued at $330,000.

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.