Clear Trail Advisors LLC Has $17.90 Million Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Clear Trail Advisors LLC increased its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 8.4% in the first quarter, Holdings Channel.com reports. The fund owned 399,141 shares of the company’s stock after purchasing an additional 30,774 shares during the period. Amplify CWP Enhanced Dividend Income ETF makes up about 3.0% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 5th largest position. Clear Trail Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $17,901,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIVO. High Net Worth Advisory Group LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 3.4% during the 1st quarter. High Net Worth Advisory Group LLC now owns 8,679 shares of the company’s stock valued at $389,000 after purchasing an additional 283 shares during the last quarter. CPC Advisors LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 99.1% in the first quarter. CPC Advisors LLC now owns 1,225,470 shares of the company’s stock worth $54,962,000 after purchasing an additional 610,117 shares during the last quarter. Brookstone Capital Management raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 7.0% in the first quarter. Brookstone Capital Management now owns 40,273 shares of the company’s stock worth $1,806,000 after purchasing an additional 2,630 shares during the last quarter. CWC Advisors LLC. raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 2.8% in the first quarter. CWC Advisors LLC. now owns 27,256 shares of the company’s stock worth $1,222,000 after purchasing an additional 730 shares during the last quarter. Finally, Sheets Smith Wealth Management bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the first quarter valued at $210,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of NYSEARCA:DIVO opened at $45.99 on Tuesday. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $41.39 and a 1 year high of $47.30. The company has a market cap of $6.99 billion, a P/E ratio of 22.46 and a beta of 0.65. The stock’s fifty day moving average price is $45.85 and its 200-day moving average price is $45.74.

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.