YYY Stock Summary and Trading Ideas (Amplify High Income ETF | ARCA:YYY)

YYY is a portfolio of 30 closed-end funds (CEFs) based on a rules based index. The ISE High Income Index selects CEFs ranked highest overall by ISE in the following factors: Yield, Discount to Net Asset Value (NAV), and Liquidity. This investment approach results in a portfolio which contains a variety of asset classes, investment strategies and asset managers.

Amplify High Income ETF trades on the ARCA stock market under the symbol YYY.

As of October 4, 2024, YYY stock price climbed to $12.25 with 130,001 million shares trading.

YYY has a beta of 0.59, meaning it tends to be less sensitive to market movements. YYY has a correlation of 0.51 to the broad based SPY ETF.

YYY has a market cap of $528.59 million. This is considered a Small Cap stock.

In the last 3 years, YYY traded as high as $17.18 and as low as $10.37.

YYY has underperformed the market in the last year with a price return of +25.7% while the SPY ETF gained +36.6%. However, in the short term, YYY had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.5% vs +4.2% return in SPY. But in the last 2 weeks, YYY shares have been beat by the market, returning +0.7% compared to an SPY return of +0.8%.

YYY support price is $12.17 and resistance is $12.29 (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 YYY shares will trade within this expected range on the day.