Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Shares Down 0.2% – What’s Next?

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS)’s share price fell 0.2% during trading on Thursday . The company traded as low as $36.05 and last traded at $36.08. Approximately 12,288 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 7,533 shares. The stock had previously closed at $36.15.

Amplify Cash Flow Dividend Leaders ETF Stock Down 0.2%

The firm has a market capitalization of $33.92 million, a PE ratio of 10.37 and a beta of 0.96. The company’s 50-day simple moving average is $35.01 and its 200 day simple moving average is $34.14.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a dividend of $0.0605 per share. This is a boost from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.03. The ex-dividend date was Thursday, May 28th.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Hilton Head Capital Partners LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at about $42,000. Kestra Advisory Services LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the 4th quarter valued at $128,000. CreativeOne Wealth LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF in the 4th quarter worth $257,000. Cetera Investment Advisers lifted its position in Amplify Cash Flow Dividend Leaders ETF by 57.0% during the 2nd quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock worth $477,000 after acquiring an additional 5,921 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 1,891.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 19,917 shares of the company’s stock worth $663,000 after purchasing an additional 18,917 shares during the period.

About Amplify Cash Flow Dividend Leaders ETF

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.