Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Shares Up 0.5% – Here’s Why

Shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) were up 0.5% during trading on Thursday . The stock traded as high as $34.21 and last traded at $34.12. Approximately 1,686 shares were traded during trading, a decline of 90% from the average daily volume of 17,149 shares. The stock had previously closed at $33.95.

Amplify Cash Flow Dividend Leaders ETF Trading Up 0.5%

The stock has a market cap of $30.37 million, a PE ratio of 10.37 and a beta of 1.16. The business’s 50-day moving average price is $33.21 and its 200-day moving average price is $32.01.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were issued a $0.0517 dividend. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

A number of institutional investors have recently made changes to their positions in COWS. Penserra Capital Management LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF during the 3rd quarter worth $494,000. Wealth Enhancement Advisory Services LLC raised its stake in Amplify Cash Flow Dividend Leaders ETF by 0.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 133,195 shares of the company’s stock valued at $4,280,000 after buying an additional 891 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Amplify Cash Flow Dividend Leaders ETF by 47.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock worth $912,000 after acquiring an additional 10,056 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Amplify Cash Flow Dividend Leaders ETF by 57.0% in the second quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock worth $477,000 after acquiring an additional 5,921 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 19.9% during the second quarter. Envestnet Asset Management Inc. now owns 19,656 shares of the company’s stock worth $575,000 after acquiring an additional 3,266 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Company Profile

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.