Baer Investment Advisory LLC Takes $5.02 Million Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Baer Investment Advisory LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 111,868 shares of the company’s stock, valued at approximately $5,017,000. Amplify CWP Enhanced Dividend Income ETF accounts for about 0.6% of Baer Investment Advisory LLC’s holdings, making the stock its 28th biggest position.

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

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $46.43 on Friday. The business’s 50-day moving average is $45.86 and its 200-day moving average is $45.76. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $42.29 and a fifty-two week high of $47.30. 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 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.