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Amplify CWP Enhanced Dividend Income ETF (DIVO)

NYSEArca - Nasdaq Real Time Price. Currency in USD
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33.20-0.25 (-0.75%)
At close: 3:59PM EST

33.30 +0.10 (0.30%)
After hours: 5:08PM EST

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Trade prices are not sourced from all markets
Previous Close33.45
Open33.49
Bid33.15 x 900
Ask33.27 x 1800
Day's Range33.02 - 33.46
52 Week Range21.39 - 33.88
Volume146,174
Avg. Volume81,000
Net Assets191.3M
NAV33.41
PE Ratio (TTM)N/A
Yield4.91%
YTD Daily Total Return2.46%
Beta (5Y Monthly)0.78
Expense Ratio (net)0.49%
Inception Date2016-12-13
  • Amplify ETFs Exceeds $3 Billion in Assets Under Management
    GlobeNewswire

    Amplify ETFs Exceeds $3 Billion in Assets Under Management

    Assets surge 285% in 2020 across a diverse and growing product lineupCHICAGO, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Amplify ETFs announces the firm has accumulated over $3 billion in assets under management since the inception of its first exchange-traded fund (ETF) in 2016. Additionally, the firm’s assets have grown 285% just in 2020 across a diverse product line of ten ETFs, with four ETFs each exceeding $250 million in assets. The product suite of Amplify ETFs encompasses three primary categories: Core ($770 million), Income ($450 million), and Thematic ($1.87 billion). Total firm assets stood at $3.1 billion as of December 28, 2020. “We’re extremely proud of Amplify’s growth to-date, particularly during a year of unprecedented uncertainty and challenging market dynamics,” notes Christian Magoon, CEO of Amplify ETFs and an early advocate of the ETF structure. “We deliver expanded investment strategies for investors seeking growth, income, and capital preservation, and we look forward to continuing that mission.”Several of Amplify’s funds have become market leaders in some of the most competitive ETF peer groups of 2020, including hedged ETFs and online retail. With over $560 million in inflows year-to-date, the Amplify BlackSwan Growth & Treasury Core ETF (NYSE: SWAN) has delivered what it was designed for: to guard against significant losses while also participating in market upside.Additionally, the firm’s flagship fund, the Amplify Online Retail ETF (NYSE: IBUY) at over $1.4 billion in assets, is the first and largest ETF to focus on the growing e-commerce trend. IBUY also has a 5-star Morningstar overall rating based on risk-adjusted returns among 40 funds in the Consumer Cyclical category (as of 9/30/20). IBUY’s sister fund, the Amplify International Online Retail ETF (NYSE: XBUY), also has delivered in 2020 with a focus on e-commerce companies outside the U.S.Other notable Amplify funds that have had strong growth in 2020 include the Amplify Transformational Data Sharing ETF (NYSE: BLOK), Amplify CWP Enhanced Dividend Income ETF (NYSE: DIVO), Amplify Lithium & Battery Technology ETF (NYSE: BATT), and the Amplify Seymour Cannabis ETF (NYSE: CNBS).Amplify ETFs is widely recognized across the ETF industry, securing multiple award nominations from ETF.com and Fund Intelligence in their respective annual award events.For more information about Amplify ETFs’ complete product lineup, visit AmplifyETFs.comContacts Sales Contact: Amplify ETFs 855-267-3837 info@amplifyetfs.comMedia Contact: Gregory FCA for Amplify ETFs Kerry Davis 610-228-2098 amplifyetfs@gregoryfca.comCarefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ statutory and summary prospectuses, which may be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. The Fund’s return may not match or achieve a high degree of correlation with the return of the underlying Index.For full disclosure on the funds mentioned above, please refer to each Fund’s respective website: IBUY website and Prospectus XBUY website and Prospectus SWAN website and Prospectus DIVO website and Prospectus BLOK website and Prospectus BATT website and Prospectus CNBS website and ProspectusFor a description of the annual ETF.com awards selection process, click here. For a description of the annual Fund Intelligence Mutual Fund & ETF awards selection process, click here.The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products with at least a three-year history. ETFs and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.©2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.Amplify ETFs are distributed by Foreside Fund Services, LLC.

  • The Amplify CWP Enhanced Dividend Income ETF (DIVO) Surpasses $100M in Assets
    GlobeNewswire

    The Amplify CWP Enhanced Dividend Income ETF (DIVO) Surpasses $100M in Assets

    A proven approach to high-quality equity incomeCHICAGO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Amplify ETFs is pleased to announce the Amplify CWP Enhanced Dividend Income ETF (NYSE: DIVO) has surpassed $100 million in assets under management. DIVO is an actively managed ETF comprised of high-quality large-cap companies with a history of dividend growth. The Fund also utilizes a tactical covered call strategy on individual stocks, and is strategically designed to provide high levels of total return on a risk-adjusted basis. Capital Wealth Planning, LLC (CWP) is the portfolio manager and sub-adviser for the Fund. DIVO seeks to provide current income as its primary objective, and provide capital appreciation as its secondary objective.“Investors in need of current income are hard-pressed to find viable solutions in today’s low-rate environment,” said Christian Magoon, Founder and CEO of Amplify ETFs. “We believe DIVO’s approach to combining high-quality dividend stocks with tactical covered calls is a compelling strategy to address this challenge.”Kevin Simpson, founder and Chief Investment Officer of CWP, said, “We’re pleased that investors continue to see the value in our dividend-focused methodology, and look forward to continued growth in DIVO.”DIVO’s current distribution rate is 5.20%, and the 30-day SEC yield is 1.68%. Distributions from the Fund are made on a monthly basis. DIVO also has a 5-star overall and 3-year Morningstar™ rating based on risk-adjusted return among 109 funds in the Options-based—US Fund category as of 9/30/20.Click here for DIVO’s prospectus. Also, please visit DIVO’s website for more information.About Amplify ETFs Amplify ETFs, sponsored by Amplify Investments LLC, has over $2.2 billion in assets across its suite of ETFs (as of 10/19/20). Amplify ETFs deliver expanded investment opportunities for growth, capital preservation, and income-focused investors. https://amplifyetfs.comAbout Capital Wealth Planning CWP is an SEC registered fee-only investment advisory firm based in Naples, Florida. Building and managing proprietary income-oriented portfolios since 2005, the company has approximately $2.2 billion of assets under management. The firm’s methodologies are designed to enhance risk-adjusted returns and offer portfolio protection while delivering monthly cash flow. CWP was ranked by Financial Advisor Magazine in 2018 as one of the top 50 fastest growing RIAs in the country. Learn more about CWP at www.capitalwealthplanning.com.ContactsSales Contact: Amplify ETFs 855-267-3837 info@amplifyetfs.comorMedia Contact: Gregory FCA for Amplify ETFs Caitlyn Foster, 610-228-2056 amplifyetfs@gregoryfca.comDIVO Performance        Quarter End as of 9/30/20         Cumulative (%)Annualized (%)  1 Mo.3 Mo.6 Mo.YTDSince Inception (11/6/18)1 Yr.3 Yr.Since Inception (11/6/18) Fund NAV-0.69%8.97%25.64%3.79%50.69%8.32%11.15%11.40% Closing Price-0.88%8.97%26.81%3.38%50.99%8.59%11.23%11.46% S&P 500 TR Index-3.80%8.93%31.31%5.57%59.50%15.15%12.28%13.08%                   The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. For performance data current to the most recent month-end please visit DIVO’s website or call 855-267-3837. Brokerage commissions will reduce returns. The Fund’s gross expense ratio is 0.96, and net expense ratio of 0.49% with a contractual agreement, until March 1, 2021, to reduce the Fund’s management fee by 0.47%. The net expense ratio is applicable to investors.The Fund’s investment objective and strategy differs substantially from the market indices, which are included for comparison purposes only.The Standard & Poor's (S&P) 500 Total Return Index is an unmanaged, market-capitalization-weighted index of the 500 largest U.S. publicly traded companies by market value, and assumes distributions are reinvested back into the index. It does not include fees or expenses. It is not possible to invest directly in an index. The S&P 500 is a registered trademark of Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc.A covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ statutory and summary prospectus, which may be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Covered call risk is the risk that the Fund will forgo, during the option's life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the strike price of the call, but has retained the risk of loss should the price of the underlying security decline. For additional risk disclosure, please visit the DIVO website here.© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, ETFs, closed-end funds, and separate accounts) with at least a three-year history. ETFs and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The Amplify Online Retail ETF (IBUY) Fund received 5 stars among 109 Options-based funds for the three-year period ending 9/30/20.Amplify ETFs are distributed by Foreside Fund Services, LLC.

  • GlobeNewswire

    Amplify ETFs Exceeds $1 Billion in Assets Under Management

    Amplify ETFs announces the firm has accumulated over $1 billion in assets under management since the inception of its first exchange traded fund (ETF) in 2016. The diverse product line currently includes 10 ETFs across three categories: Core ($369 million), Income ($232 million) and Thematic ($473 million). Amplify ETFs CEO Christian Magoon was an early advocate of the ETF structure and has been behind the launch of more than 70 ETFs in his career.