Amplify COWS Covered Call ETF (NASDAQ:HCOW) Stock Price Down 0.6% – Here’s Why

by · The Cerbat Gem

Amplify COWS Covered Call ETF (NASDAQ:HCOW – Get Free Report)’s share price fell 0.6% during trading on Thursday . The stock traded as low as $24.39 and last traded at $24.39. 2,504 shares were traded during trading, a decline of 34% from the average session volume of 3,796 shares. The stock had previously closed at $24.53.

Amplify COWS Covered Call ETF Price Performance

The company has a fifty day moving average of $24.07 and a 200 day moving average of $23.79. The stock has a market cap of $13.25 million, a P/E ratio of 13.13 and a beta of 0.90.

Hedge Funds Weigh In On Amplify COWS Covered Call ETF

Several institutional investors and hedge funds have recently modified their holdings of HCOW. Mattson Financial Services LLC bought a new stake in Amplify COWS Covered Call ETF in the first quarter worth approximately $70,000. Citadel Advisors LLC boosted its holdings in Amplify COWS Covered Call ETF by 22.2% in the third quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock worth $573,000 after purchasing an additional 4,334 shares in the last quarter. Finally, Gradient Investments LLC increased its position in Amplify COWS Covered Call ETF by 13.2% during the second quarter. Gradient Investments LLC now owns 316,506 shares of the company’s stock worth $7,226,000 after buying an additional 36,962 shares during the last quarter.

Amplify COWS Covered Call ETF Company Profile

(Get Free Report)

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.

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