Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Shares Up 6.1% – Still a Buy?

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW – Get Free Report)’s stock price shot up 6.1% during trading on Friday. The company traded as high as $26.30 and last traded at $26.24. 201,587 shares were traded during trading, a decline of 74% from the average daily volume of 782,984 shares. The stock had previously closed at $24.74.

Invesco WilderHill Clean Energy ETF Price Performance

The firm has a 50-day simple moving average of $28.47 and a two-hundred day simple moving average of $33.87. The company has a market cap of $295.99 million, a PE ratio of 0.93 and a beta of 1.81.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. StoneX Group Inc. purchased a new position in Invesco WilderHill Clean Energy ETF in the 3rd quarter valued at about $239,000. Commonwealth Equity Services LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the 3rd quarter worth about $434,000. Elwood & Goetz Wealth Advisory Group LLC boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 16.6% during the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 13,961 shares of the company’s stock worth $406,000 after purchasing an additional 1,992 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in shares of Invesco WilderHill Clean Energy ETF during the third quarter worth about $45,000. Finally, Moller Wealth Partners purchased a new stake in shares of Invesco WilderHill Clean Energy ETF during the third quarter worth about $958,000.

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.

Further Reading

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