Altus Wealth Group LLC Acquires 122,915 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Altus Wealth Group LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 72.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 293,519 shares of the company’s stock after buying an additional 122,915 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF makes up 5.4% of Altus Wealth Group LLC’s portfolio, making the stock its 4th biggest position. Altus Wealth Group LLC owned approximately 0.20% of Amplify CWP Enhanced Dividend Income ETF worth $13,164,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter valued at approximately $438,000. JPMorgan Chase & Co. increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 18.6% during the second quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock valued at $1,662,000 after purchasing an additional 6,132 shares during the period. Cerity Partners LLC raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 8.1% during the 2nd quarter. Cerity Partners LLC now owns 8,673 shares of the company’s stock worth $370,000 after buying an additional 648 shares in the last quarter. Qube Research & Technologies Ltd increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 5,278.3% during the second quarter. Qube Research & Technologies Ltd now owns 46,899 shares of the company’s stock valued at $1,996,000 after acquiring an additional 46,027 shares during the period. Finally, NCM Capital Management LLC raised its holdings in Amplify CWP Enhanced Dividend Income ETF by 3.9% during the second quarter. NCM Capital Management LLC now owns 299,115 shares of the company’s stock worth $12,734,000 after purchasing an additional 11,291 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO opened at $46.43 on Friday. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $42.29 and a 1-year high of $47.30. The business has a 50 day moving average price of $45.86 and a two-hundred day moving average price of $45.76.

Amplify CWP Enhanced Dividend Income ETF Profile

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.