Amplify COWS Covered Call ETF
HCOW
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3333 Warrenville Rd, Suite 350 Lisle IL United States of America 60532
- IPO Date
- Sep 20, 2023
- CIK
- 0001633061
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify COWS Covered Call ETF (HCOW) is an actively managed exchange-traded fund that seeks high monthly income by investing primarily in equity securities of dividend-paying U.S. companies exhibiting high free cash flow yields, complemented by a tactical covered call options writing strategy; at least 80% of its net assets are allocated to securities held by the related Amplify Cash Flow Dividend Leaders ETF (COWS ETF), which targets leaders in free cash flow and dividend growth; the covered call component involves writing options on individual stocks to generate approximately 10% or greater annualized income from premiums, alongside monthly distributions comprising dividend and option-based income. Launched on September 20, 2023, and listed on the Nasdaq exchange under the ticker HCOW with CUSIP 032108680, the ETF is issued by Amplify ETF Trust and managed by Amplify Investments LLC as investment adviser, with sub-advisers Kelly Strategic Management, LLC and Penserra Capital Management LLC; it operates from headquarters at 3250 Lacey Road, Suite 130, Downers Grove, Illinois, focusing on large- and mid-cap U.S. equities in a derivative income strategy, with a total expense ratio of 0.65% and net assets around $13 million as of recent reports. In a significant recent development, prior to January 28, 2025, the fund operated as the Amplify Cash Flow High Income ETF before rebranding to its current name, reflecting a strategic alignment with the COWS ETF's cash flow dividend focus and ongoing tactical adjustments to its covered call overlay; this name change coincided with continued monthly distributions through 2025, including amounts such as $0.24270 in October and $0.23800 in November, often incorporating return of capital components; no major acquisitions, partnerships, or new product launches have been reported in the last 1-2 years, with operations emphasizing stable income generation amid market volatility.