Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Posted by Denise Davis on Dec 7th, 2024

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $29.23 and traded as high as $31.74. Amplify Cash Flow Dividend Leaders ETF shares last traded at $31.43, with a volume of 3,341 shares changing hands.

Amplify Cash Flow Dividend Leaders ETF Price Performance

The company’s 50 day simple moving average is $30.39 and its 200 day simple moving average is $29.23. The stock has a market cap of $19.61 million, a P/E ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.0498 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

An institutional investor recently raised its position in Amplify Cash Flow Dividend Leaders ETF stock. Wealth Enhancement Advisory Services LLC increased its position in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) by 20.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 127,678 shares of the company’s stock after buying an additional 21,603 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 20.27% of Amplify Cash Flow Dividend Leaders ETF worth $3,791,000 as of its most recent SEC filing.

Amplify Cash Flow Dividend Leaders ETF Company Profile

(Get Free Report)

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.