Amplify COWS Covered Call ETF (NASDAQ:HCOW) Announces Dividend Increase – $0.24 Per Share

Amplify COWS Covered Call ETF (NASDAQ:HCOW) announced a dividend on Wednesday, May 27th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 28th will be given a dividend of 0.2407 per share on Friday, May 29th. The ex-dividend date is Thursday, May 28th. This is a 3.3% increase from Amplify COWS Covered Call ETF’s previous dividend of $0.23.

Amplify COWS Covered Call ETF Stock Performance

HCOW opened at $24.06 on Thursday. The company has a market cap of $15.16 million, a PE ratio of 13.13 and a beta of 0.76. The stock has a 50-day moving average of $23.54 and a 200-day moving average of $24.01. Amplify COWS Covered Call ETF has a 52-week low of $21.71 and a 52-week high of $25.06.

Institutional Trading of Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC lifted its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,859 shares of the company’s stock after acquiring an additional 4,334 shares during the quarter. Citadel Advisors LLC owned about 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent filing with the SEC.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.