Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Shares Up 2.5% – Here’s What Happened

Shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) traded up 2.5% during mid-day trading on Monday . The stock traded as high as $33.40 and last traded at $33.18. 902,513 shares traded hands during trading, an increase of 9% from the average session volume of 831,756 shares. The stock had previously closed at $32.36.

Invesco WilderHill Clean Energy ETF Price Performance

The business’s fifty day simple moving average is $31.47 and its 200 day simple moving average is $27.89. The stock has a market cap of $718.35 million, a price-to-earnings ratio of 0.93 and a beta of 1.77.

Institutional Investors Weigh In On Invesco WilderHill Clean Energy ETF

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in Invesco WilderHill Clean Energy ETF by 42.9% in the second quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock worth $28,000 after acquiring an additional 425 shares during the last quarter. Allworth Financial LP raised its position in shares of Invesco WilderHill Clean Energy ETF by 1,095.9% during the 2nd quarter. Allworth Financial LP now owns 1,746 shares of the company’s stock worth $35,000 after purchasing an additional 1,600 shares during the period. Johnson Financial Group Inc. bought a new stake in shares of Invesco WilderHill Clean Energy ETF in the 2nd quarter worth approximately $42,000. Advisors Preferred LLC acquired a new position in Invesco WilderHill Clean Energy ETF during the 3rd quarter valued at approximately $42,000. Finally, Dakota Community Bank & Trust NA acquired a new position in Invesco WilderHill Clean Energy ETF during the 3rd quarter valued at approximately $59,000.

Invesco WilderHill Clean Energy ETF Company Profile

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.