Bailard Inc. Sells 12,495 Shares of Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO)

Bailard Inc. trimmed its stake in shares of Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) by 18.6% in the fourth quarter, HoldingsChannel reports. The firm owned 54,670 shares of the company’s stock after selling 12,495 shares during the quarter. Bailard Inc.’s holdings in Amplify Etho Climate Leadership U.S. ETF were worth $3,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sonoma Private Wealth LLC boosted its position in shares of Amplify Etho Climate Leadership U.S. ETF by 29.6% in the third quarter. Sonoma Private Wealth LLC now owns 14,092 shares of the company’s stock valued at $705,000 after acquiring an additional 3,217 shares during the period. Private Advisor Group LLC bought a new stake in shares of Amplify Etho Climate Leadership U.S. ETF in the third quarter valued at about $205,000. PFG Investments LLC boosted its position in shares of Amplify Etho Climate Leadership U.S. ETF by 2.0% in the third quarter. PFG Investments LLC now owns 38,539 shares of the company’s stock valued at $1,929,000 after acquiring an additional 744 shares during the period. D.A. Davidson & CO. acquired a new position in Amplify Etho Climate Leadership U.S. ETF in the third quarter valued at about $253,000. Finally, WCG Wealth Advisors LLC raised its stake in Amplify Etho Climate Leadership U.S. ETF by 2.5% in the third quarter. WCG Wealth Advisors LLC now owns 24,497 shares of the company’s stock valued at $1,308,000 after purchasing an additional 606 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Price Performance

ETHO stock traded down $0.53 during midday trading on Thursday, reaching $54.58. The company had a trading volume of 3,454 shares, compared to its average volume of 5,330. The company has a market capitalization of $177.39 million, a price-to-earnings ratio of 20.07 and a beta of 1.11. The stock has a 50 day moving average price of $56.36 and a 200-day moving average price of $53.76. Amplify Etho Climate Leadership U.S. ETF has a 1-year low of $46.26 and a 1-year high of $58.71.

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.