Amplify High Income ETF (NYSEARCA:YYY) is LJI Wealth Management LLC’s 9th Largest Position

LJI Wealth Management LLC lifted its stake in Amplify High Income ETF (NYSEARCA:YYY) by 7.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,016,263 shares of the company’s stock after buying an additional 72,324 shares during the period. Amplify High Income ETF makes up approximately 2.7% of LJI Wealth Management LLC’s holdings, making the stock its 9th largest holding. LJI Wealth Management LLC owned about 2.82% of Amplify High Income ETF worth $12,205,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YYY. Independent Wealth Network Inc. grew its stake in shares of Amplify High Income ETF by 0.9% in the first quarter. Independent Wealth Network Inc. now owns 125,439 shares of the company’s stock worth $1,513,000 after acquiring an additional 1,083 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Amplify High Income ETF by 9.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 17,338 shares of the company’s stock valued at $209,000 after purchasing an additional 1,532 shares during the last quarter. Continuum Advisory LLC purchased a new position in Amplify High Income ETF during the 2nd quarter valued at approximately $28,000. Triumph Capital Management increased its position in Amplify High Income ETF by 4.1% in the first quarter. Triumph Capital Management now owns 65,769 shares of the company’s stock worth $789,000 after purchasing an additional 2,604 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Amplify High Income ETF during the 2nd quarter valued at about $50,000.

Amplify High Income ETF Stock Down 0.1 %

NYSEARCA YYY opened at $12.30 on Thursday. Amplify High Income ETF has a 52 week low of $10.37 and a 52 week high of $12.40. The company has a fifty day moving average of $12.04 and a two-hundred day moving average of $11.98. The firm has a market capitalization 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.