Invesco Global Clean Energy ETF (NYSEARCA:PBD) Shares Down 0.9% – Here’s What Happened

Invesco Global Clean Energy ETF (NYSEARCA:PBD)’s stock price fell 0.9% during mid-day trading on Thursday . The stock traded as low as $17.93 and last traded at $18.04. 13,296 shares traded hands during trading, a decline of 78% from the average session volume of 61,144 shares. The stock had previously closed at $18.21.

Invesco Global Clean Energy ETF Price Performance

The firm has a market cap of $189.96 million, a P/E ratio of 19.47 and a beta of 1.34. The company has a fifty day moving average of $20.03 and a 200-day moving average of $19.03.

Institutional Trading of Invesco Global Clean Energy ETF

Several institutional investors and hedge funds have recently made changes to their positions in PBD. HighTower Advisors LLC bought a new position in shares of Invesco Global Clean Energy ETF during the 4th quarter worth approximately $30,845,000. Royal Bank of Canada increased its position in shares of Invesco Global Clean Energy ETF by 2,798.7% during the fourth quarter. Royal Bank of Canada now owns 342,688 shares of the company’s stock valued at $5,512,000 after acquiring an additional 330,866 shares during the last quarter. LPL Financial LLC lifted its holdings in Invesco Global Clean Energy ETF by 260.7% during the fourth quarter. LPL Financial LLC now owns 218,412 shares of the company’s stock worth $3,513,000 after acquiring an additional 157,859 shares during the period. Stifel Financial Corp lifted its holdings in Invesco Global Clean Energy ETF by 812.2% during the fourth quarter. Stifel Financial Corp now owns 169,828 shares of the company’s stock worth $2,731,000 after acquiring an additional 151,210 shares during the period. Finally, UBS Group AG lifted its holdings in Invesco Global Clean Energy ETF by 347.3% during the fourth quarter. UBS Group AG now owns 163,790 shares of the company’s stock worth $2,634,000 after acquiring an additional 127,175 shares during the period.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.