Amplify CWP Enhanced Dividend Income ETF $DIVO is CPC Advisors LLC’s 2nd Largest Position

CPC Advisors LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 99.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,225,470 shares of the company’s stock after purchasing an additional 610,117 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises about 8.9% of CPC Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. CPC Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $54,962,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIVO. Dynamic Wealth Strategies LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 5.2% during the fourth quarter. Dynamic Wealth Strategies LLC now owns 4,417 shares of the company’s stock valued at $197,000 after buying an additional 217 shares during the last quarter. IHT Wealth Management LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 2.8% during the 4th quarter. IHT Wealth Management LLC now owns 8,644 shares of the company’s stock worth $385,000 after acquiring an additional 239 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 3.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock worth $362,000 after acquiring an additional 253 shares in the last quarter. Belpointe Asset Management LLC boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 1.1% during the 4th quarter. Belpointe Asset Management LLC now owns 25,898 shares of the company’s stock valued at $1,152,000 after acquiring an additional 272 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 1.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 15,580 shares of the company’s stock valued at $693,000 after acquiring an additional 278 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $45.87 on Monday. The firm has a fifty day moving average price of $45.85 and a 200 day moving average price of $45.73. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $41.37 and a fifty-two week high of $47.30. The firm has a market cap of $6.97 billion, a PE ratio of 22.46 and a beta of 0.65.

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.