Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Stock Price Up 2.1% – Time to Buy?

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) shares shot up 2.1% during mid-day trading on Monday . The company traded as high as $81.01 and last traded at $80.97. 2,562 shares traded hands during trading, a decline of 31% from the average daily volume of 3,715 shares. The stock had previously closed at $79.30.

Amplify Etho Climate Leadership U.S. ETF Stock Up 2.1%

The firm’s fifty day moving average price is $78.18 and its 200 day moving average price is $72.71. The stock has a market cap of $190.28 million, a PE ratio of 18.91 and a beta of 1.11.

Institutional Trading of Amplify Etho Climate Leadership U.S. ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bailard Inc. lifted its stake in Amplify Etho Climate Leadership U.S. ETF by 0.6% in the 4th quarter. Bailard Inc. now owns 64,285 shares of the company’s stock worth $4,198,000 after purchasing an additional 382 shares in the last quarter. WCG Wealth Advisors LLC grew its position in shares of Amplify Etho Climate Leadership U.S. ETF by 403.6% during the fourth quarter. WCG Wealth Advisors LLC now owns 61,192 shares of the company’s stock valued at $3,996,000 after purchasing an additional 49,042 shares in the last quarter. Modern Wealth Management LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the second quarter valued at about $3,003,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 16.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 44,923 shares of the company’s stock worth $2,933,000 after purchasing an additional 6,408 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 23.4% in the fourth quarter. LPL Financial LLC now owns 39,390 shares of the company’s stock worth $2,572,000 after purchasing an additional 7,482 shares during the last quarter.

About Amplify Etho Climate Leadership U.S. ETF

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.