Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Stock Price Down 1.4% – Time to Sell?

by · The Markets Daily

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO – Get Free Report) traded down 1.4% on Friday . The stock traded as low as $68.35 and last traded at $68.43. 1,743 shares traded hands during trading, a decline of 51% from the average session volume of 3,550 shares. The stock had previously closed at $69.40.

Amplify Etho Climate Leadership U.S. ETF Price Performance

The business has a 50-day simple moving average of $66.41 and a 200 day simple moving average of $63.76. The firm has a market cap of $160.81 million, a PE ratio of 18.91 and a beta of 1.14.

Amplify Etho Climate Leadership U.S. ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.559 dividend. This represents a $2.24 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On Amplify Etho Climate Leadership U.S. ETF

A number of hedge funds have recently modified their holdings of the company. Ethic Inc. lifted its position in Amplify Etho Climate Leadership U.S. ETF by 2.7% during the second quarter. Ethic Inc. now owns 7,349 shares of the company’s stock valued at $428,000 after purchasing an additional 196 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its position in shares of Amplify Etho Climate Leadership U.S. ETF by 1.9% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 12,022 shares of the company’s stock valued at $699,000 after buying an additional 219 shares in the last quarter. SGL Investment Advisors Inc. lifted its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 3.6% in the 3rd 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 during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 0.5% in the 2nd quarter. Harbour Investments Inc. now owns 57,982 shares of the company’s stock valued at $3,370,000 after acquiring an additional 271 shares during the last quarter. Finally, Natural Investments LLC grew its position in Amplify Etho Climate Leadership U.S. ETF by 0.8% in the second quarter. Natural Investments LLC now owns 38,708 shares of the company’s stock worth $2,250,000 after acquiring an additional 293 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Company Profile

(Get Free Report)

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.

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