Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Reaches New 1-Year High at $39.44

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)’s stock price reached a new 52-week high on Friday . The stock traded as high as $39.44 and last traded at $39.41, with a volume of 52889 shares trading hands. The stock had previously closed at $39.23.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

The company’s fifty day simple moving average is $38.70 and its two-hundred day simple moving average is $37.99. The stock has a market capitalization of $3.25 billion, a PE ratio of 15.30 and a beta of 0.55.

Hedge Funds Weigh In On Amplify YieldShares CWP Dividend & Option Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC grew its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 10.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,257,127 shares of the company’s stock worth $45,948,000 after buying an additional 122,420 shares in the last quarter. Capital Square LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the first quarter worth about $1,098,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the first quarter worth about $823,000. Cary Street Partners Asset Management LLC grew its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 10.1% during the fourth quarter. Cary Street Partners Asset Management LLC now owns 237,063 shares of the company’s stock worth $8,665,000 after buying an additional 21,746 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 71.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 40,115 shares of the company’s stock worth $1,466,000 after buying an additional 16,731 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.