Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO – Get Free Report) crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $47.60 and traded as high as $48.10. Amplify CWP Enhanced Dividend Income ETF shares last traded at $48.06, with a volume of 1,122,101 shares changing hands.

Amplify CWP Enhanced Dividend Income ETF Stock Up 1.9%

The business’s fifty day moving average is $47.60 and its two-hundred day moving average is $46.54. The stock has a market capitalization of $8.13 billion, a PE ratio of 22.46 and a beta of 0.63.

Hedge Funds Weigh In On Amplify CWP Enhanced Dividend Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Lido Advisors LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth about $821,000. Simplex Trading LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at about $40,000. M Holdings Securities Inc. bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at about $570,000. Brighton Jones LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth about $445,000. Finally, Leelyn Smith LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth about $206,000.

Amplify CWP Enhanced Dividend Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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