Ethic Inc. Grows Stake in Tesla, Inc. $TSLA

Investment firm Ethic Inc. reported owning 172,004 shares of Tesla following a recent increase in its position, according to a 13F filing with the SEC

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources

Ethic Inc. has increased its investment position in Tesla, Inc. (NASDAQ:TSLA) during the fourth quarter, as disclosed in the company's most recent 13F filing with the Securities and Exchange Commission (SEC). The firm reported an 8.4% growth in its holdings of the electric vehicle producer's stock during this timeframe. This regulatory filing provides an account of the firm's transactions and its overall stake in the company as of the end of the quarter.[1][2]

After purchasing shares during the fourth quarter, Ethic Inc. now owns a total of 172,004 shares of Tesla, Inc. The firm's increased stake in the electric vehicle manufacturer was confirmed through the official documentation filed with the SEC. This update to Ethic Inc.'s portfolio demonstrates a specific increase in its ownership of the NASDAQ-listed electric vehicle producer's stock.[1][2]

The disclosure of the 172,004 shares owned by Ethic Inc. was made public through the most recent reporting cycle for the fourth quarter. This filing with the Securities and Exchange Commission provides information regarding the firm's position in the electric vehicle producer. The 8.4% increase in the firm's stake highlights its recent activity involving Tesla's stock.[1][2]

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