Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Sees Significant Decline in Short Interest

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 852 shares, a decline of 84.1% from the August 31st total of 5,373 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,770 shares, the short-interest ratio is currently 0.3 days.

Amplify Etho Climate Leadership U.S. ETF Stock Up 0.7%

Shares of Amplify Etho Climate Leadership U.S. ETF stock traded up $0.53 during trading hours on Friday, reaching $80.34. 1,947 shares of the company’s stock were exchanged, compared to its average volume of 3,551. The business has a fifty day moving average of $80.72 and a two-hundred day moving average of $76.00. The company has a market capitalization of $192.82 million, a P/E ratio of 18.91 and a beta of 1.12. Amplify Etho Climate Leadership U.S. ETF has a 1 year low of $61.14 and a 1 year high of $83.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. grew its position in shares of Amplify Etho Climate Leadership U.S. ETF by 23.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 62,072 shares of the company’s stock valued at $5,004,000 after purchasing an additional 11,667 shares in the last quarter. WCG Wealth Advisors LLC boosted its stake in 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 worth $3,996,000 after buying an additional 49,042 shares during the last quarter. PFG Investments LLC boosted its stake in Amplify Etho Climate Leadership U.S. ETF by 9.8% during the first quarter. PFG Investments LLC now owns 12,309 shares of the company’s stock worth $813,000 after buying an additional 1,099 shares during the last quarter. Quantinno Capital Management LP purchased a new stake in Amplify Etho Climate Leadership U.S. ETF in the 1st quarter valued at $465,000. Finally, Kestra Advisory Services LLC grew its holdings in Amplify Etho Climate Leadership U.S. ETF by 25.8% in the 1st quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock valued at $409,000 after buying an additional 1,266 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Company 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. ETHO was launched on Nov 18, 2015 and is managed by Etho Capital.