Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Sets New 1-Year High – Time to Buy?

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBWGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $41.88 and last traded at $41.86, with a volume of 531859 shares changing hands. The stock had previously closed at $40.45.

Invesco WilderHill Clean Energy ETF Price Performance

The company has a market capitalization of $502.56 million, a PE ratio of 0.93 and a beta of 1.72. The business has a 50-day moving average of $34.17 and a 200 day moving average of $33.21.

Institutional Trading of Invesco WilderHill Clean Energy ETF

A number of large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in Invesco WilderHill Clean Energy ETF by 0.7% in the 4th quarter. HighTower Advisors LLC now owns 818,050 shares of the company’s stock worth $24,983,000 after acquiring an additional 5,567 shares during the last quarter. Bank of America Corp DE increased its stake in 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 acquiring an additional 134,682 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in 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 acquiring an additional 208,119 shares during the last quarter. Millennium Management LLC increased its stake in Invesco WilderHill Clean Energy ETF by 514.6% in the 4th quarter. Millennium Management LLC now owns 382,190 shares of the company’s stock worth $11,672,000 after acquiring an additional 320,000 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Invesco WilderHill Clean Energy ETF by 65.9% in the 4th quarter. LPL Financial LLC now owns 320,122 shares of the company’s stock worth $9,777,000 after acquiring an additional 127,191 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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