World Investment Advisors Increases Stake in Amplify High Income ETF $YYY

World Investment Advisors lifted its position in Amplify High Income ETF (NYSEARCA:YYY) by 107.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 156,056 shares of the company’s stock after acquiring an additional 80,942 shares during the quarter. World Investment Advisors’ holdings in Amplify High Income ETF were worth $1,796,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in YYY. NewEdge Advisors LLC boosted its position in Amplify High Income ETF by 3.2% during the first quarter. NewEdge Advisors LLC now owns 58,733 shares of the company’s stock worth $670,000 after purchasing an additional 1,842 shares in the last quarter. Raymond James Financial Inc. boosted its position in Amplify High Income ETF by 48.8% during the second quarter. Raymond James Financial Inc. now owns 250,691 shares of the company’s stock worth $2,936,000 after purchasing an additional 82,164 shares in the last quarter. Jane Street Group LLC purchased a new position in Amplify High Income ETF during the second quarter worth approximately $396,000. LJI Wealth Management LLC boosted its position in Amplify High Income ETF by 0.6% during the third quarter. LJI Wealth Management LLC now owns 1,498,738 shares of the company’s stock worth $17,700,000 after purchasing an additional 8,892 shares in the last quarter. Finally, Intrua Financial LLC boosted its position in Amplify High Income ETF by 3.8% during the third quarter. Intrua Financial LLC now owns 377,974 shares of the company’s stock worth $4,464,000 after purchasing an additional 13,679 shares in the last quarter.

Amplify High Income ETF Trading Down 1.1%

Shares of YYY stock opened at $11.45 on Friday. The company has a market capitalization of $705.89 million, a P/E ratio of 22.17 and a beta of 0.73. The business’s 50 day moving average is $11.32 and its two-hundred day moving average is $11.55. Amplify High Income ETF has a 12-month low of $10.69 and a 12-month high of $11.93.

Amplify High Income ETF Company Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.