Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Posted by Gary Stephens on Dec 7th, 2024

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $29.23 and traded as high as $31.74. Amplify Cash Flow Dividend Leaders ETF shares last traded at $31.43, with a volume of 3,341 shares changing hands.

Amplify Cash Flow Dividend Leaders ETF Price Performance

The stock has a 50-day moving average price of $30.39 and a 200-day moving average price of $29.23. The firm has a market capitalization of $19.61 million, a PE ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.0498 per share. The ex-dividend date was Wednesday, November 27th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

An institutional investor recently raised its position in Amplify Cash Flow Dividend Leaders ETF stock. Wealth Enhancement Advisory Services LLC raised its stake in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) by 20.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,678 shares of the company’s stock after acquiring an additional 21,603 shares during the period. Wealth Enhancement Advisory Services LLC owned 20.27% of Amplify Cash Flow Dividend Leaders ETF worth $3,791,000 as of its most recent SEC filing.

Amplify Cash Flow Dividend Leaders ETF Company Profile

(Get Free Report)

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.