J.W. Cole Advisors Inc. Buys New Shares in Amplify High Income ETF (NYSEARCA:YYY)

J.W. Cole Advisors Inc. bought a new stake in Amplify High Income ETF (NYSEARCA:YYY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,712 shares of the company’s stock, valued at approximately $345,000. J.W. Cole Advisors Inc. owned about 0.08% of Amplify High Income ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in Amplify High Income ETF by 21.4% in the second quarter. Envestnet Asset Management Inc. now owns 161,851 shares of the company’s stock valued at $1,944,000 after acquiring an additional 28,563 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in Amplify High Income ETF by 11.1% in the second quarter. Ausdal Financial Partners Inc. now owns 68,703 shares of the company’s stock valued at $825,000 after acquiring an additional 6,838 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in Amplify High Income ETF in the second quarter valued at $196,000. International Assets Investment Management LLC purchased a new stake in Amplify High Income ETF during the second quarter valued at about $123,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Amplify High Income ETF by 48.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 323,726 shares of the company’s stock valued at $3,888,000 after buying an additional 105,126 shares during the period.

Amplify High Income ETF Stock Down 0.1 %

NYSEARCA YYY opened at $12.30 on Thursday. The company has a 50-day simple moving average of $12.04 and a two-hundred day simple moving average of $11.98. Amplify High Income ETF has a 12-month low of $10.37 and a 12-month high of $12.40. The firm has a market cap of $444.03 million, a price-to-earnings ratio of 15.05 and a beta of 0.47.

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.