Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Sees Unusually-High Trading Volume – What’s Next?

by · The Markets Daily

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,239,588 shares traded hands during trading, an increase of 104% from the previous session’s volume of 606,165 shares.The stock last traded at $30.13 and had previously closed at $31.49.

Invesco WilderHill Clean Energy ETF Price Performance

The company has a market capitalization of $552.81 million, a PE ratio of 0.93 and a beta of 1.77. The company’s 50 day simple moving average is $29.97 and its 200 day simple moving average is $23.77.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. HighTower Advisors LLC acquired a new position in Invesco WilderHill Clean Energy ETF during the 3rd quarter worth approximately $23,465,000. BNP Paribas Financial Markets lifted its holdings in Invesco WilderHill Clean Energy ETF by 107.0% during the second quarter. BNP Paribas Financial Markets now owns 299,315 shares of the company’s stock valued at $5,962,000 after purchasing an additional 154,712 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of Invesco WilderHill Clean Energy ETF in the third quarter worth $1,540,000. Goldman Sachs Group Inc. grew its position in Invesco WilderHill Clean Energy ETF by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 237,587 shares of the company’s stock worth $3,740,000 after buying an additional 48,043 shares in the last quarter. Finally, Allianz SE lifted its stake in Invesco WilderHill Clean Energy ETF by 20.5% in the second quarter. Allianz SE now owns 264,068 shares of the company’s stock worth $5,260,000 after purchasing an additional 45,000 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Company Profile

(Get Free Report)

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.

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