Independent Wealth Network Inc. Increases Holdings in Amplify High Income ETF (NYSEARCA:YYY)

Independent Wealth Network Inc. grew its stake in Amplify High Income ETF (NYSEARCA:YYYFree Report) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 144,565 shares of the company’s stock after purchasing an additional 2,693 shares during the period. Independent Wealth Network Inc.’s holdings in Amplify High Income ETF were worth $1,665,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of YYY. Larson Financial Group LLC raised its stake in Amplify High Income ETF by 329.8% during the third quarter. Larson Financial Group LLC now owns 3,718 shares of the company’s stock worth $46,000 after acquiring an additional 2,853 shares during the period. Strategic Advisors LLC acquired a new stake in shares of Amplify High Income ETF in the third quarter valued at approximately $125,000. Chicago Partners Investment Group LLC bought a new position in shares of Amplify High Income ETF in the third quarter valued at approximately $164,000. Oxinas Partners Wealth Management LLC bought a new stake in Amplify High Income ETF during the fourth quarter worth approximately $170,000. Finally, World Investment Advisors LLC lifted its position in shares of Amplify High Income ETF by 30.9% in the 3rd quarter. World Investment Advisors LLC now owns 15,110 shares of the company’s stock valued at $186,000 after acquiring an additional 3,571 shares in the last quarter.

Amplify High Income ETF Trading Up 0.2 %

Amplify High Income ETF stock opened at $11.96 on Thursday. The company has a market capitalization of $431.76 million, a P/E ratio of 15.05 and a beta of 0.47. The firm’s fifty day simple moving average is $11.90 and its 200-day simple moving average is $12.04. Amplify High Income ETF has a 1-year low of $11.42 and a 1-year high of $12.40.

Amplify High Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amplify High Income ETF (NYSEARCA:YYY)

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