Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Sees Large Decrease in Short Interest

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 49,518 shares, a decrease of 47.5% from the May 31st total of 94,370 shares. Based on an average trading volume of 320,123 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

A number of large investors have recently bought and sold shares of QDVO. CWM LLC lifted its holdings in Amplify CWP Growth & Income ETF by 96.2% during the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $33,000 after buying an additional 560 shares during the period. MTM Investment Management LLC bought a new position in shares of Amplify CWP Growth & Income ETF in the 1st quarter worth $45,000. Global Retirement Partners LLC raised its position in shares of Amplify CWP Growth & Income ETF by 262.7% in the 4th quarter. Global Retirement Partners LLC now owns 3,627 shares of the company’s stock worth $105,000 after acquiring an additional 2,627 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Amplify CWP Growth & Income ETF during the 1st quarter worth $109,000. Finally, AlphaCore Capital LLC purchased a new stake in shares of Amplify CWP Growth & Income ETF during the 4th quarter worth $177,000.

Amplify CWP Growth & Income ETF Stock Performance

NYSEARCA QDVO opened at $29.50 on Tuesday. Amplify CWP Growth & Income ETF has a one year low of $25.75 and a one year high of $30.97. The company has a market capitalization of $669.65 million, a price-to-earnings ratio of 35.30 and a beta of 1.02. The company’s 50-day simple moving average is $29.95 and its two-hundred day simple moving average is $28.93.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.