Kingswood Wealth Advisors LLC Buys New Stake in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Kingswood Wealth Advisors LLC purchased a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 16,503 shares of the company’s stock, valued at approximately $668,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 3.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,491,535 shares of the company’s stock valued at $60,377,000 after acquiring an additional 53,528 shares during the period. Rosenberg Matthew Hamilton acquired a new stake in Amplify YieldShares CWP Dividend & Option Income ETF during the 4th quarter worth $330,000. Plotkin Financial Advisors LLC acquired a new stake in Amplify YieldShares CWP Dividend & Option Income ETF during the 3rd quarter worth $2,556,000. Private Trust Co. NA grew its position in Amplify YieldShares CWP Dividend & Option Income ETF by 170.7% during the 3rd quarter. Private Trust Co. NA now owns 12,981 shares of the company’s stock worth $535,000 after purchasing an additional 8,185 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its stake in Amplify YieldShares CWP Dividend & Option Income ETF by 5.7% in the third quarter. Jaffetilchin Investment Partners LLC now owns 103,669 shares of the company’s stock valued at $4,270,000 after purchasing an additional 5,622 shares during the period.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

Shares of DIVO opened at $42.33 on Thursday. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 15.30 and a beta of 0.55. Amplify YieldShares CWP Dividend & Option Income ETF has a fifty-two week low of $36.91 and a fifty-two week high of $42.88. The firm has a 50-day simple moving average of $41.55 and a 200-day simple moving average of $40.84.

Amplify YieldShares CWP Dividend & Option 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.