Amplify High Income ETF (NYSEARCA:YYY) Shares Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC lifted its holdings in shares of Amplify High Income ETF (NYSEARCA:YYY) by 1,052.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 263,808 shares of the company’s stock after acquiring an additional 240,908 shares during the period. Strategic Financial Concepts LLC’s holdings in Amplify High Income ETF were worth $3,039,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LJI Wealth Management LLC boosted its stake in shares of Amplify High Income ETF by 8.3% in the third quarter. LJI Wealth Management LLC now owns 1,100,442 shares of the company’s stock valued at $13,568,000 after purchasing an additional 84,179 shares during the period. International Assets Investment Management LLC purchased a new position in Amplify High Income ETF in the fourth quarter valued at about $4,923,000. Independent Wealth Network Inc. increased its holdings in Amplify High Income ETF by 1.9% during the 4th quarter. Independent Wealth Network Inc. now owns 144,565 shares of the company’s stock worth $1,665,000 after purchasing an additional 2,693 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Amplify High Income ETF by 2.1% in the 3rd quarter. HighTower Advisors LLC now owns 138,900 shares of the company’s stock valued at $1,713,000 after purchasing an additional 2,900 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Amplify High Income ETF by 120.1% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 63,200 shares of the company’s stock valued at $779,000 after buying an additional 34,488 shares during the last quarter.

Amplify High Income ETF Price Performance

YYY opened at $11.87 on Monday. Amplify High Income ETF has a 12-month low of $11.42 and a 12-month high of $12.40. The stock has a market capitalization of $428.51 million, a PE ratio of 15.05 and a beta of 0.47. The firm’s fifty day moving average price is $11.86 and its 200 day moving average price is $12.02.

Amplify High Income ETF Company Profile

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.