Allianz SE Lowers Stock Holdings in Invesco WilderHill Clean Energy ETF $PBW

Allianz SE lowered its stake in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 18.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 214,068 shares of the company’s stock after selling 50,000 shares during the period. Allianz SE’s holdings in Invesco WilderHill Clean Energy ETF were worth $6,182,000 at the end of the most recent reporting period.

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

Invesco WilderHill Clean Energy ETF Stock Down 4.3%

NYSEARCA PBW opened at $32.41 on Friday. The stock has a market capitalization of $681.58 million, a P/E ratio of 0.93 and a beta of 1.77. Invesco WilderHill Clean Energy ETF has a 52-week low of $13.19 and a 52-week high of $36.58. The firm has a 50-day moving average price of $33.71 and a 200 day moving average price of $31.05.

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.