Cetera Investment Advisers Purchases 16,367 Shares of Amplify High Income ETF $YYY

Cetera Investment Advisers increased its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 15.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 124,857 shares of the company’s stock after purchasing an additional 16,367 shares during the quarter. Cetera Investment Advisers’ holdings in Amplify High Income ETF were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in YYY. LaSalle St. Investment Advisors LLC bought a new position in Amplify High Income ETF during the 1st quarter worth $114,000. Westbourne Investments Inc. acquired a new position in shares of Amplify High Income ETF in the second quarter valued at about $125,000. Arkadios Wealth Advisors grew its stake in shares of Amplify High Income ETF by 6.8% in the second quarter. Arkadios Wealth Advisors now owns 15,606 shares of the company’s stock valued at $183,000 after acquiring an additional 1,000 shares in the last quarter. Golden State Wealth Management LLC increased its position in Amplify High Income ETF by 54.8% during the second quarter. Golden State Wealth Management LLC now owns 15,756 shares of the company’s stock worth $185,000 after acquiring an additional 5,576 shares during the period. Finally, Integrity Alliance LLC. acquired a new stake in Amplify High Income ETF in the 1st quarter worth about $260,000.

Amplify High Income ETF Stock Down 0.5%

NYSEARCA YYY opened at $11.65 on Tuesday. The company has a market capitalization of $637.26 million, a P/E ratio of 22.17 and a beta of 0.76. Amplify High Income ETF has a 12-month low of $9.87 and a 12-month high of $12.25. The firm has a 50-day moving average price of $11.71 and a two-hundred day moving average price of $11.70.

Amplify High Income ETF Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.