Money Concepts Capital Corp Grows Position in Amplify High Income ETF (NYSEARCA:YYY)

Money Concepts Capital Corp boosted its holdings in Amplify High Income ETF (NYSEARCA:YYY) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,186 shares of the company’s stock after acquiring an additional 1,359 shares during the quarter. Money Concepts Capital Corp’s holdings in Amplify High Income ETF were worth $140,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in Amplify High Income ETF in the fourth quarter worth $29,000. Independent Wealth Network Inc. grew its holdings in Amplify High Income ETF by 1.9% in the fourth quarter. Independent Wealth Network Inc. now owns 144,565 shares of the company’s stock valued at $1,665,000 after purchasing an additional 2,693 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in Amplify High Income ETF in the fourth quarter valued at $554,000. Oxinas Partners Wealth Management LLC acquired a new stake in Amplify High Income ETF in the fourth quarter valued at $170,000. Finally, International Assets Investment Management LLC acquired a new stake in Amplify High Income ETF in the fourth quarter valued at $4,923,000.

Amplify High Income ETF Stock Performance

Amplify High Income ETF stock opened at $11.96 on Friday. The firm has a market capitalization of $431.76 million, a price-to-earnings ratio of 15.05 and a beta of 0.47. Amplify High Income ETF has a fifty-two week low of $11.42 and a fifty-two week high of $12.40. The stock’s fifty day moving average is $11.87 and its two-hundred day moving average is $12.02.

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.