Wealthfront Advisers LLC Has $1.90 Million Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Wealthfront Advisers LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 52.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,284 shares of the company’s stock after acquiring an additional 14,465 shares during the period. Wealthfront Advisers LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,896,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Simplex Trading LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at approximately $26,000. Optima Capital LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth $27,000. Financial Consulate Inc. bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth $28,000. Evelyn Partners Asset Management Ltd acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at $30,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at $53,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $46.23 on Tuesday. The company has a market capitalization of $7.34 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a one year low of $42.29 and a one year high of $47.30. The company’s fifty day moving average price is $46.06 and its 200 day moving average price is $45.82.

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.