Geneos Wealth Management Inc. Makes New Investment in Amplify High Income ETF (NYSEARCA:YYY)

Geneos Wealth Management Inc. purchased a new stake in shares of Amplify High Income ETF (NYSEARCA:YYY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,477 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in Amplify High Income ETF by 21.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 161,851 shares of the company’s stock worth $1,944,000 after acquiring an additional 28,563 shares in the last quarter. Strategic Advisors LLC purchased a new stake in shares of Amplify High Income ETF in the third quarter worth approximately $125,000. Arkadios Wealth Advisors boosted its holdings in shares of Amplify High Income ETF by 36.6% during the third quarter. Arkadios Wealth Advisors now owns 15,306 shares of the company’s stock worth $189,000 after purchasing an additional 4,100 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of Amplify High Income ETF by 120.1% during the third quarter. J.W. Cole Advisors Inc. now owns 63,200 shares of the company’s stock worth $779,000 after purchasing an additional 34,488 shares during the period. Finally, Chicago Partners Investment Group LLC acquired a new position in Amplify High Income ETF in the 3rd quarter valued at approximately $164,000.

Amplify High Income ETF Stock Down 0.3 %

YYY stock opened at $11.85 on Friday. The company has a 50 day moving average of $11.88 and a two-hundred day moving average of $12.03. The company has a market cap of $427.79 million, a price-to-earnings ratio of 15.05 and a beta of 0.47. Amplify High Income ETF has a 12-month low of $11.42 and a 12-month high of $12.40.

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.