Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $60.38 and traded as high as $64.06. Amplify Etho Climate Leadership U.S. ETF shares last traded at $64.06, with a volume of 10,922 shares trading hands.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

The business’s 50 day moving average price is $60.38 and its 200-day moving average price is $58.39. The firm has a market capitalization of $205.01 million, a PE ratio of 20.78 and a beta of 1.11.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. SGL Investment Advisors Inc. acquired a new position in Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth approximately $374,000. Jane Street Group LLC acquired a new position in Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth approximately $327,000. Harbour Investments Inc. grew its holdings in Amplify Etho Climate Leadership U.S. ETF by 5.3% during the 3rd quarter. Harbour Investments Inc. now owns 59,501 shares of the company’s stock worth $3,565,000 after acquiring an additional 3,004 shares in the last quarter. Walkner Condon Financial Advisors LLC acquired a new position in Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth approximately $569,000. Finally, PFG Investments LLC grew its holdings in Amplify Etho Climate Leadership U.S. ETF by 9.5% during the 3rd quarter. PFG Investments LLC now owns 43,868 shares of the company’s stock worth $2,628,000 after acquiring an additional 3,791 shares in the last quarter.

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.