Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) Stock Price Up 0.4% – Still a Buy?

Posted by Trevor Kearing on Dec 25th, 2024

Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO – Get Free Report) rose 0.4% on Monday . The company traded as high as $40.87 and last traded at $40.84. Approximately 342,522 shares were traded 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 Price Performance

The company has a 50 day simple moving average of $41.65 and a 200-day simple moving average of $40.42. The stock has a market cap of $3.38 billion, a P/E ratio of 15.30 and a beta of 0.55.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Rothschild Investment LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 2nd quarter valued at $465,000. Private Trust Co. NA boosted its position in Amplify YieldShares CWP Dividend & Option Income ETF by 170.7% during the third quarter. Private Trust Co. NA now owns 12,981 shares of the company’s stock valued at $535,000 after buying an additional 8,185 shares during the period. United Advisor Group LLC boosted its position in Amplify YieldShares CWP Dividend & Option Income ETF by 90.6% during the third quarter. United Advisor Group LLC now owns 13,978 shares of the company’s stock valued at $576,000 after buying an additional 6,643 shares during the period. Plotkin Financial Advisors LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the third quarter valued at about $2,556,000. Finally, Jaffetilchin Investment Partners LLC increased its holdings in shares of 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 worth $4,270,000 after buying an additional 5,622 shares during the period.

Amplify YieldShares CWP Dividend & Option Income ETF Company Profile

(Get Free Report)

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.