Commonwealth Equity Services LLC Reduces Stock Position in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO)

Commonwealth Equity Services LLC lessened its stake in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) by 31.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,442 shares of the company’s stock after selling 9,832 shares during the period. Commonwealth Equity Services LLC owned approximately 0.67% of Amplify Etho Climate Leadership U.S. ETF worth $1,212,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the first quarter worth approximately $2,204,000. 4Thought Financial Group Inc. raised its position in Amplify Etho Climate Leadership U.S. ETF by 31.6% in the first quarter. 4Thought Financial Group Inc. now owns 1,509 shares of the company’s stock worth $88,000 after acquiring an additional 362 shares during the period. Bailard Inc. purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the 2nd quarter worth $3,432,000. ORG Partners LLC bought a new stake in shares of Amplify Etho Climate Leadership U.S. ETF during the 2nd quarter valued at $228,000. Finally, Harbour Investments Inc. increased its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 3.6% in the 2nd quarter. Harbour Investments Inc. now owns 56,497 shares of the company’s stock worth $3,192,000 after purchasing an additional 1,976 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

Shares of Amplify Etho Climate Leadership U.S. ETF stock opened at $58.61 on Monday. The stock has a market cap of $187.55 million, a P/E ratio of 20.78 and a beta of 1.11. The stock’s fifty day moving average is $57.87 and its 200 day moving average is $56.91. Amplify Etho Climate Leadership U.S. ETF has a one year low of $46.26 and a one year high of $60.64.

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.