Ethic Inc. increased its stake in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) by 2.7% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,349 shares of the company's stock after purchasing an additional 196 shares during the period. Ethic
ETHO offers climate-focused investors a well-diversified portfolio of U.S. stocks that have passed a rigorous ESG screening process. Fees are 0.45%, and the ETF has $174 million in assets. Quality is ETHO's major weakness. The selection process does not include any financial screens, which were quickly revealed through fundamental analysis. I've assigned ETHO a "sell" rating but will suggest two higher-quality alternatives for the long-term.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RR rosemary richard WCG Wealth Advisors LLC | 61,623 | $3.94M | $4.92M | $976,790.8 | 24.8% |
Christian Keedy Guardian Wealth Advisors LLC / Nc | 10 | $660.8 | $797.6 | $136.8 | 20.7% |
| FWA FSM Wealth Advisors LLC FSM Wealth Advisors LLC | 7,440 | $432,487.2 | $590,372.93 | $157,885.73 | 36.51% |
| RM Rick Mordesovich Sonoma Private Wealth LLC | 6,045 | $352,995.92 | $484,748.55 | $131,752.63 | 37.32% |
| PIL PFG Investments LLC PFG Investments LLC | 12,309 | $733,125.57 | $987,058.71 | $253,933.14 | 34.64% |
| ARCA Exchange | US Country |
The index represents a focused investment strategy aimed at incorporating U.S. companies with a leading stance on minimizing carbon impact within their operational and business practices. Its investment mandate emphasizes commitment to environmental stewardship, primarily through the lens of carbon footprint reduction among industry leaders in the United States. By allocating at least 80% of its assets towards companies excelling in their carbon impact metrics, the fund underscores a non-diversified but targeted approach, aligning with investors’ growing penchant for sustainable and responsible investing. This strategy not only caters to the eco-conscious investor but also aims to foster a market environment where corporate sustainability becomes a normative in driving business value and investment decisions.
This product focuses on the equity securities of U.S. companies that have established themselves as leaders in their respective industries by effectively managing and reducing their carbon footprint. The investment is designed for those who wish to contribute to and benefit from businesses that prioritize environmental responsibility. It reflects a commitment to supporting corporate practices that aim to mitigate climate change impact, thereby appealing to conscientious investors who are keen on sustainability as much as on financial returns.
The fund’s non-diversified nature means it invests a significant portion of its assets in the securities of companies that are recognized for their leading carbon efficiency metrics within their industries. This approach enables the fund to concentrate on a select group of companies with promising environmental and financial performance. It brings forth an opportunity for investors to be part of a focused investment that not only aligns with their green principles but also holds the potential for substantial growth, driven by the increasing importance of low-carbon economies.