Meridian Wealth Advisors LLC Has $2.70 Million Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Meridian Wealth Advisors LLC decreased its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 4.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 63,404 shares of the company’s stock after selling 2,975 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $2,698,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DIVO. Sachetta LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 1.2% in the second quarter. Sachetta LLC now owns 20,240 shares of the company’s stock worth $861,000 after purchasing an additional 236 shares during the last quarter. Bank of Montreal Can grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 4.9% during the second quarter. Bank of Montreal Can now owns 5,454 shares of the company’s stock worth $232,000 after buying an additional 256 shares in the last quarter. Joseph P. Lucia & Associates LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.4% during the second quarter. Joseph P. Lucia & Associates LLC now owns 11,380 shares of the company’s stock worth $484,000 after buying an additional 263 shares in the last quarter. Semus Wealth Partners LLC raised its position in Amplify CWP Enhanced Dividend Income ETF by 0.9% in the 2nd quarter. Semus Wealth Partners LLC now owns 33,490 shares of the company’s stock valued at $1,425,000 after buying an additional 290 shares during the last quarter. Finally, Alliance Wealth Advisors LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 1.8% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 18,984 shares of the company’s stock valued at $808,000 after acquiring an additional 334 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO opened at $44.46 on Friday. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $36.20 and a 1 year high of $45.78. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72. The firm’s fifty day moving average price is $44.59 and its two-hundred day moving average price is $43.16.

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.