Ethic Inc. Buys 196 Shares of Amplify Etho Climate Leadership U.S. ETF $ETHO
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: Quality Issues Plague This Climate-Friendly ESG ETF
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.
