DeLarme Wealth Management Inc. Invests $1.37 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

DeLarme Wealth Management Inc. bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,712 shares of the company’s stock, valued at approximately $1,367,000. Amplify CWP Enhanced Dividend Income ETF accounts for about 1.0% of DeLarme Wealth Management Inc.’s holdings, making the stock its 26th largest holding.

Other hedge funds have also made changes to their positions in the company. CWM LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 25.9% during the third quarter. CWM LLC now owns 529,080 shares of the company’s stock worth $23,581,000 after buying an additional 108,676 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 107.6% during the third quarter. Farther Finance Advisors LLC now owns 37,248 shares of the company’s stock worth $1,660,000 after buying an additional 19,302 shares during the period. Alpine Bank Wealth Management boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 613.0% during the third quarter. Alpine Bank Wealth Management now owns 19,657 shares of the company’s stock worth $876,000 after buying an additional 16,900 shares during the period. Leo Wealth LLC acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth about $5,202,000. Finally, Financial Designs Corp lifted its position in Amplify CWP Enhanced Dividend Income ETF by 4.5% in the fourth quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock valued at $13,476,000 after purchasing an additional 12,906 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.2%

Shares of NYSEARCA:DIVO opened at $45.74 on Thursday. The company has a market cap of $6.80 billion, a P/E ratio of 22.46 and a beta of 0.69. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $37.84 and a 52 week high of $47.30. The company has a 50-day moving average price of $45.82 and a 200 day moving average price of $45.37.

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.