Amplify High Income ETF (NYSEARCA:YYY) Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors grew its stake in Amplify High Income ETF (NYSEARCA:YYY) by 36.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,306 shares of the company’s stock after purchasing an additional 4,100 shares during the period. Arkadios Wealth Advisors’ holdings in Amplify High Income ETF were worth $189,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of YYY. Continuum Advisory LLC purchased a new stake in Amplify High Income ETF in the second quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Amplify High Income ETF in the 2nd quarter valued at $50,000. ORG Partners LLC acquired a new stake in Amplify High Income ETF during the 2nd quarter worth $72,000. International Assets Investment Management LLC purchased a new position in Amplify High Income ETF during the 2nd quarter worth $123,000. Finally, Strategic Advisors LLC acquired a new position in Amplify High Income ETF in the third quarter valued at $125,000.

Amplify High Income ETF Stock Performance

Shares of NYSEARCA:YYY opened at $11.92 on Friday. Amplify High Income ETF has a one year low of $10.50 and a one year high of $12.40. The stock has a market capitalization of $430.31 million, a price-to-earnings ratio of 15.05 and a beta of 0.47. The company has a 50-day simple moving average of $12.21 and a 200-day simple moving average of $12.04.

About Amplify High Income ETF

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.