Ethic Inc. Decreases Stake in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO)

Ethic Inc. lowered its position in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) by 23.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,718 shares of the company’s stock after selling 2,310 shares during the quarter. Ethic Inc.’s holdings in Amplify Etho Climate Leadership U.S. ETF were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ETHO. Sonoma Private Wealth LLC grew its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 2.7% during the fourth quarter. Sonoma Private Wealth LLC now owns 8,815 shares of the company’s stock worth $527,000 after purchasing an additional 235 shares in the last quarter. Global Retirement Partners LLC lifted its position in Amplify Etho Climate Leadership U.S. ETF by 30.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,588 shares of the company’s stock valued at $95,000 after purchasing an additional 370 shares during the last quarter. Harbour Investments Inc. lifted its position in Amplify Etho Climate Leadership U.S. ETF by 0.8% in the fourth quarter. Harbour Investments Inc. now owns 59,990 shares of the company’s stock valued at $3,584,000 after purchasing an additional 489 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 43.6% during the fourth quarter. Franklin Resources Inc. now owns 1,795 shares of the company’s stock valued at $107,000 after buying an additional 545 shares during the period. Finally, Allegheny Financial Group increased its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 3.8% during the fourth quarter. Allegheny Financial Group now owns 19,440 shares of the company’s stock valued at $1,161,000 after buying an additional 706 shares during the period.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

ETHO opened at $57.82 on Friday. The stock has a market capitalization of $159.01 million, a PE ratio of 18.56 and a beta of 1.13. The stock’s 50 day moving average price is $53.71 and its 200-day moving average price is $58.59. Amplify Etho Climate Leadership U.S. ETF has a 52-week low of $47.27 and a 52-week high of $64.71.

Amplify Etho Climate Leadership U.S. ETF Profile

The Etho Climate Leadership U.S. ETF (ETHO) is an exchange-traded fund that is based on the Etho Climate Leadership index. The fund tracks the performance of an equal-weighted index that selects US stocks that exhibit the least carbon impact within its industry. Certain industries are excluded altogether.