Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,103 shares, a decline of 85.1% from the October 15th total of 14,133 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,758 shares, the short-interest ratio is currently 0.6 days.
Amplify Etho Climate Leadership U.S. ETF Stock Performance
NYSEARCA:ETHO opened at $79.55 on Wednesday. Amplify Etho Climate Leadership U.S. ETF has a 52 week low of $61.14 and a 52 week high of $83.93. The firm’s fifty day moving average is $80.06 and its 200-day moving average is $75.64. The firm has a market cap of $194.90 million, a P/E ratio of 22.33 and a beta of 1.13.
Hedge Funds Weigh In On Amplify Etho Climate Leadership U.S. ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Berger Financial Group Inc acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the 3rd quarter valued at about $237,000. Kestra Advisory Services LLC grew its stake in Amplify Etho Climate Leadership U.S. ETF by 8.8% during the third quarter. Kestra Advisory Services LLC now owns 6,369 shares of the company’s stock worth $507,000 after purchasing an additional 516 shares during the period. Commonwealth Equity Services LLC acquired a new stake in Amplify Etho Climate Leadership U.S. ETF during the third quarter worth approximately $812,000. Global View Capital Management LLC bought a new stake in Amplify Etho Climate Leadership U.S. ETF in the third quarter worth approximately $233,000. Finally, Evergreen Capital Management LLC bought a new stake in Amplify Etho Climate Leadership U.S. ETF in the third quarter worth approximately $687,000.
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. ETHO was launched on Nov 18, 2015 and is managed by Etho Capital.
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