Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Trading Down 1% – Should You Sell?

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO)’s share price fell 1% on Monday . The stock traded as low as $59.78 and last traded at $59.94. 5,571 shares traded hands during trading, an increase of 6% from the average session volume of 5,232 shares. The stock had previously closed at $60.55.

Amplify Etho Climate Leadership U.S. ETF Trading Down 1.0 %

The stock’s 50-day simple moving average is $61.83 and its 200-day simple moving average is $59.38. The firm has a market capitalization of $191.81 million, a P/E ratio of 20.78 and a beta of 1.11.

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

Institutional investors have recently modified their holdings of the business. Sanctuary Advisors LLC purchased a new position in Amplify Etho Climate Leadership U.S. ETF in the second quarter worth $232,000. Private Advisor Group LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the 3rd quarter worth about $264,000. Jane Street Group LLC purchased a new stake in Amplify Etho Climate Leadership U.S. ETF during the third quarter worth about $327,000. SGL Investment Advisors Inc. purchased a new stake in Amplify Etho Climate Leadership U.S. ETF during the third quarter worth about $374,000. Finally, Creekside Partners bought a new stake in Amplify Etho Climate Leadership U.S. ETF in the second quarter worth about $456,000.

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.