Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Trading Up 0.4% – Time to Buy?

Shares of Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) traded up 0.4% during mid-day trading on Wednesday . The company traded as high as $67.40 and last traded at $67.35. 7,365 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 6,945 shares. The stock had previously closed at $67.05.

Amplify Etho Climate Leadership U.S. ETF Trading Up 0.4%

The firm has a market capitalization of $165.01 million, a PE ratio of 18.91 and a beta of 1.14. The firm’s fifty day moving average price is $65.08 and its 200 day moving average price is $62.36.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ETHO. GGM Financials LLC purchased a new stake in shares of Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth about $40,000. Two Sigma Investments LP acquired a new position in Amplify Etho Climate Leadership U.S. ETF in the third quarter worth approximately $331,000. Ethic Inc. increased its holdings in Amplify Etho Climate Leadership U.S. ETF by 2.7% in the second quarter. Ethic Inc. now owns 7,349 shares of the company’s stock worth $428,000 after buying an additional 196 shares during the last quarter. SGL Investment Advisors Inc. raised its position in Amplify Etho Climate Leadership U.S. ETF by 3.6% during the third quarter. SGL Investment Advisors Inc. now owns 6,955 shares of the company’s stock valued at $449,000 after acquiring an additional 240 shares in the last quarter. Finally, FSM Wealth Advisors LLC acquired a new stake in Amplify Etho Climate Leadership U.S. ETF in the second quarter valued at approximately $544,000.

Amplify Etho Climate Leadership U.S. ETF Company 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. ETHO was launched on Nov 18, 2015 and is managed by Etho Capital.