Amplify CWP Enhanced Dividend Income ETF $DIVO Position Trimmed by Consolidated Planning Corp

Consolidated Planning Corp cut its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 591,201 shares of the company’s stock after selling 1,843 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF makes up approximately 3.2% of Consolidated Planning Corp’s portfolio, making the stock its 3rd largest holding. Consolidated Planning Corp’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $25,156,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter valued at about $25,000. Alpine Bank Wealth Management purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $117,000. Fifth Third Bancorp purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $193,000. Sowell Financial Services LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $225,000. Finally, Institute for Wealth Management LLC. lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 5.8% in the 2nd quarter. Institute for Wealth Management LLC. now owns 7,088 shares of the company’s stock worth $302,000 after purchasing an additional 391 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO opened at $44.49 on Thursday. The company’s 50 day simple moving average is $43.56 and its two-hundred day simple moving average is $41.87. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $44.69. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 22.46 and a beta of 0.77.

Amplify CWP Enhanced Dividend Income ETF 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.