Allianz SE Cuts Holdings in Invesco WilderHill Clean Energy ETF $PBW

Allianz SE reduced its position in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 21.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 169,068 shares of the company’s stock after selling 45,000 shares during the period. Allianz SE owned approximately 0.80% of Invesco WilderHill Clean Energy ETF worth $5,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of PBW. HighTower Advisors LLC purchased a new position in shares of Invesco WilderHill Clean Energy ETF in the 3rd quarter worth $23,465,000. Kingsview Wealth Management LLC boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 2,793.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 234,565 shares of the company’s stock worth $7,164,000 after buying an additional 226,457 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 78.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 471,799 shares of the company’s stock worth $14,409,000 after buying an additional 208,119 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 107.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 299,315 shares of the company’s stock worth $5,962,000 after buying an additional 154,712 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 33.7% in the 3rd quarter. Bank of America Corp DE now owns 534,605 shares of the company’s stock worth $15,439,000 after buying an additional 134,682 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Price Performance

PBW stock opened at $40.15 on Friday. The company has a market cap of $480.19 million, a P/E ratio of 0.93 and a beta of 1.75. Invesco WilderHill Clean Energy ETF has a 1 year low of $18.57 and a 1 year high of $47.22. The stock’s fifty day moving average price is $38.92 and its 200-day moving average price is $34.91.

About Invesco WilderHill Clean Energy ETF

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.