Triumph Capital Management Acquires 2,691 Shares of Amplify High Income ETF (NYSEARCA:YYY)

Triumph Capital Management boosted its holdings in Amplify High Income ETF (NYSEARCA:YYY) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,165 shares of the company’s stock after acquiring an additional 2,691 shares during the quarter. Triumph Capital Management’s holdings in Amplify High Income ETF were worth $734,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Carmichael Hill & Associates Inc. grew its holdings in shares of Amplify High Income ETF by 43.9% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 3,599 shares of the company’s stock worth $42,000 after purchasing an additional 1,098 shares during the last quarter. ORG Partners LLC increased its holdings in shares of Amplify High Income ETF by 28.2% during the fourth quarter. ORG Partners LLC now owns 7,690 shares of the company’s stock worth $89,000 after buying an additional 1,690 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of Amplify High Income ETF by 3.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 58,235 shares of the company’s stock worth $677,000 after buying an additional 1,964 shares in the last quarter. Independent Wealth Network Inc. raised its stake in shares of Amplify High Income ETF by 3.2% in the fourth quarter. Independent Wealth Network Inc. now owns 124,356 shares of the company’s stock valued at $1,445,000 after acquiring an additional 3,885 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of Amplify High Income ETF by 10.3% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 44,432 shares of the company’s stock worth $494,000 after acquiring an additional 4,136 shares in the last quarter.

Amplify High Income ETF Stock Up 0.4 %

YYY stock traded up $0.05 during midday trading on Wednesday, reaching $11.66. 122,078 shares of the company’s stock traded hands, compared to its average volume of 249,548. The company has a 50-day simple moving average of $11.86 and a two-hundred day simple moving average of $11.61. Amplify High Income ETF has a 1-year low of $10.37 and a 1-year high of $12.10. The company has a market cap of $420.93 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.