Moran Wealth Management LLC Purchases 5,379 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Moran Wealth Management LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 7.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 75,027 shares of the company’s stock after acquiring an additional 5,379 shares during the quarter. Moran Wealth Management LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $3,192,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. MGO One Seven LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 17.1% during the 2nd quarter. MGO One Seven LLC now owns 247,739 shares of the company’s stock worth $10,541,000 after acquiring an additional 36,153 shares in the last quarter. Prostatis Group LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 11.9% in the 2nd quarter. Prostatis Group LLC now owns 441,962 shares of the company’s stock worth $18,805,000 after purchasing an additional 47,002 shares during the period. CWM LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 17.7% during the second quarter. CWM LLC now owns 420,404 shares of the company’s stock valued at $17,888,000 after purchasing an additional 63,222 shares in the last quarter. Blair William & Co. IL increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.3% during the second quarter. Blair William & Co. IL now owns 70,505 shares of the company’s stock valued at $3,000,000 after buying an additional 1,609 shares during the period. Finally, Sachetta LLC raised its stake in 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 buying an additional 236 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.2%

Shares of NYSEARCA DIVO opened at $44.26 on Thursday. The stock has a market capitalization of $5.26 billion, a PE ratio of 22.46 and a beta of 0.77. The stock’s fifty day simple moving average is $43.82 and its two-hundred day simple moving average is $42.11. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $36.20 and a 12-month high of $44.70.

About Amplify CWP Enhanced Dividend Income ETF

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.