DIVO Stock Summary and Trading Ideas (Amplify Cwp Enhanced Dividend Income ETF | ARCA:DIVO)

The Amplify CWP Enhanced Dividend Income ETF seeks to provide current income as its primary investment objective and to provide capital appreciation as its secondary investment objective. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend-paying U.S. exchange-traded equity securities ("Equity Securities") and will opportunistically utilize an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call option contracts on such Equity Securities. The Fund's portfolio is strategically designed to offer high levels of total return on a risk-adjusted basis. The portfolio consists primarily of dividend-paying stocks that deliver cash flows from dividend and option income while offering the potential for capital appreciation.

Amplify Cwp Enhanced Dividend Income ETF trades on the ARCA stock market under the symbol DIVO.

As of January 30, 2025, DIVO stock price climbed to $42.47 with 346,454 million shares trading.

DIVO has a beta of 0.62, meaning it tends to be less sensitive to market movements. DIVO has a correlation of 0.61 to the broad based SPY ETF.

DIVO has a market cap of $4.03 billion. This is considered a Mid Cap stock.

In the last 3 years, DIVO traded as high as $42.88 and as low as $31.98.

DIVO has underperformed the market in the last year with a return of +18.4%, while SPY returned +24.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DIVO shares. However, DIVO has outperformed the market in the last 3 month and 2 week periods, returning +5.3% and +3.3%, while SPY returned +4.7% and +2.3%, respectively. This indicates DIVO has been having a stronger performance recently.

DIVO support price is $41.88 and resistance is $42.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DIVO shares will trade within this expected range on the day.