International Assets Investment Management LLC Invests $4.92 Million in Amplify High Income ETF (NYSEARCA:YYY)

International Assets Investment Management LLC bought a new stake in Amplify High Income ETF (NYSEARCA:YYY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 424,438 shares of the company’s stock, valued at approximately $4,923,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in shares of Amplify High Income ETF by 329.8% in the third quarter. Larson Financial Group LLC now owns 3,718 shares of the company’s stock worth $46,000 after buying an additional 2,853 shares during the period. Strategic Advisors LLC purchased a new position in Amplify High Income ETF in the 3rd quarter worth approximately $125,000. Chicago Partners Investment Group LLC acquired a new stake in Amplify High Income ETF in the third quarter valued at approximately $164,000. World Investment Advisors LLC raised its stake in shares of Amplify High Income ETF by 30.9% during the third quarter. World Investment Advisors LLC now owns 15,110 shares of the company’s stock valued at $186,000 after purchasing an additional 3,571 shares during the period. Finally, Arkadios Wealth Advisors lifted its position 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 in the last quarter.

Amplify High Income ETF Price Performance

YYY traded down $0.03 during trading hours on Wednesday, reaching $11.61. 24,002 shares of the stock traded hands, compared to its average volume of 199,532. Amplify High Income ETF has a fifty-two week low of $11.42 and a fifty-two week high of $12.40. The company has a market cap of $419.12 million, a price-to-earnings ratio of 15.05 and a beta of 0.47. The firm’s fifty day simple moving average is $11.97 and its two-hundred day simple moving average is $12.06.

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.