Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Shares Up 0.4% – What’s Next?

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) were up 0.4% during mid-day trading on Monday . The stock traded as high as $40.87 and last traded at $40.84. Approximately 342,522 shares changed hands during trading, an increase of 27% from the average daily volume of 268,669 shares. The stock had previously closed at $40.66.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Up 0.4 %

The firm’s 50 day simple moving average is $41.65 and its two-hundred day simple moving average is $40.40. The stock has a market capitalization of $3.36 billion, a P/E ratio of 15.30 and a beta of 0.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF in the second quarter valued at $465,000. Private Trust Co. NA lifted its position in Amplify YieldShares CWP Dividend & Option Income ETF by 170.7% in the 3rd quarter. Private Trust Co. NA now owns 12,981 shares of the company’s stock valued at $535,000 after acquiring an additional 8,185 shares in the last quarter. United Advisor Group LLC boosted its stake in Amplify YieldShares CWP Dividend & Option Income ETF by 90.6% during the 3rd quarter. United Advisor Group LLC now owns 13,978 shares of the company’s stock valued at $576,000 after purchasing an additional 6,643 shares during the last quarter. Plotkin Financial Advisors LLC bought a new stake in Amplify YieldShares CWP Dividend & Option Income ETF during the 3rd quarter worth approximately $2,556,000. Finally, Jaffetilchin Investment Partners LLC increased its holdings in Amplify YieldShares CWP Dividend & Option Income ETF by 5.7% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 103,669 shares of the company’s stock worth $4,270,000 after purchasing an additional 5,622 shares in the last quarter.

About Amplify YieldShares CWP Dividend & Option Income ETF

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.