International Assets Investment Management LLC Takes Position in Amplify High Income ETF (NYSEARCA:YYY)

International Assets Investment Management LLC acquired a new stake in shares of Amplify High Income ETF (NYSEARCA:YYY) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 19,928 shares of the company’s stock, valued at approximately $2,320,000. International Assets Investment Management LLC owned about 0.06% of Amplify High Income ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Freedom Wealth Alliance LLC lifted its holdings in shares of Amplify High Income ETF by 4.8% during the 3rd quarter. Freedom Wealth Alliance LLC now owns 386,190 shares of the company’s stock valued at $4,291,000 after purchasing an additional 17,695 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Amplify High Income ETF by 9.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 113,628 shares of the company’s stock valued at $1,262,000 after purchasing an additional 10,121 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its holdings in shares of Amplify High Income ETF by 43.9% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 3,599 shares of the company’s stock valued at $42,000 after purchasing an additional 1,098 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of Amplify High Income ETF by 10.3% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 44,432 shares of the company’s stock valued at $494,000 after purchasing an additional 4,136 shares during the last quarter. Finally, Independent Wealth Network Inc. lifted its holdings in shares of Amplify High Income ETF by 3.2% during the 4th quarter. Independent Wealth Network Inc. now owns 124,356 shares of the company’s stock valued at $1,445,000 after purchasing an additional 3,885 shares during the last quarter.

Amplify High Income ETF Price Performance

Shares of YYY stock opened at $11.63 on Friday. The firm has a market capitalization of $446.01 million, a price-to-earnings ratio of 15.18 and a beta of 0.47. The business has a fifty day moving average of $11.88 and a 200 day moving average of $11.56. Amplify High Income ETF has a 1 year low of $10.37 and a 1 year high of $12.10.

Amplify High Income ETF 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.