Gradient Investments LLC Acquires New Position in Amplify Cash Flow High Income ETF (NASDAQ:HCOW)

Gradient Investments LLC bought a new position in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 257,494 shares of the company’s stock, valued at approximately $6,579,000. Gradient Investments LLC owned approximately 71.53% of Amplify Cash Flow High Income ETF at the end of the most recent reporting period.

Amplify Cash Flow High Income ETF Stock Performance

Shares of Amplify Cash Flow High Income ETF stock opened at $25.96 on Friday. Amplify Cash Flow High Income ETF has a 12 month low of $24.52 and a 12 month high of $28.73. The stock’s fifty day moving average price is $26.29 and its 200-day moving average price is $25.97.

Amplify Cash Flow High Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a dividend of $0.1715 per share. The ex-dividend date was Monday, December 30th.

About Amplify Cash Flow High Income ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income.