Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Shares Climb 0.1% – Should You Buy?

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) shares were up 0.1% during trading on Friday. The company traded as high as $28.68 and last traded at $28.33. 332,456 shares were traded during trading, a decline of 59% from the average daily volume of 818,198 shares. The stock had previously closed at $28.29.

Invesco WilderHill Clean Energy ETF Stock Up 0.1%

The business’s 50 day moving average is $31.67 and its two-hundred day moving average is $35.24. The firm has a market capitalization of $331.46 million, a P/E ratio of 0.93 and a beta of 1.82.

Hedge Funds Weigh In On Invesco WilderHill Clean Energy ETF

Several large investors have recently bought and sold shares of PBW. Corient Private Wealth LP acquired a new position in Invesco WilderHill Clean Energy ETF during the second quarter worth about $208,000. Continuum Advisory LLC acquired a new stake in Invesco WilderHill Clean Energy ETF in the 2nd quarter valued at about $49,000. Wealthcare Advisory Partners LLC acquired a new stake in Invesco WilderHill Clean Energy ETF in the 2nd quarter valued at about $331,000. Focus Financial Network Inc. bought a new position in shares of Invesco WilderHill Clean Energy ETF during the 2nd quarter valued at about $234,000. Finally, Cetera Investment Advisers boosted its position in shares of Invesco WilderHill Clean Energy ETF by 322.5% during the 1st quarter. Cetera Investment Advisers now owns 72,289 shares of the company’s stock valued at $2,283,000 after purchasing an additional 55,181 shares in the last quarter.

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.