ALPS Clean Energy ETF (NYSEARCA:ACES – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 24,688 shares, a decrease of 35.9% from the June 15th total of 38,497 shares. Based on an average daily volume of 70,932 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the company’s shares are sold short.
ALPS Clean Energy ETF Price Performance
NYSEARCA:ACES opened at $32.54 on Friday. The firm has a market capitalization of $116.49 million, a price-to-earnings ratio of 21.11 and a beta of 1.42. The business has a 50 day simple moving average of $36.76 and a 200-day simple moving average of $35.31. ALPS Clean Energy ETF has a 1 year low of $26.24 and a 1 year high of $43.00.
Institutional Trading of ALPS Clean Energy ETF
A number of institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in ALPS Clean Energy ETF by 9,621.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,128,585 shares of the company’s stock worth $69,009,000 after buying an additional 2,106,690 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of ALPS Clean Energy ETF by 10.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,262,174 shares of the company’s stock valued at $40,920,000 after acquiring an additional 122,552 shares during the period. Wealthfront Advisers LLC raised its stake in shares of ALPS Clean Energy ETF by 2.2% in the first quarter. Wealthfront Advisers LLC now owns 97,030 shares of the company’s stock valued at $3,251,000 after acquiring an additional 2,112 shares during the period. Jane Street Group LLC bought a new stake in shares of ALPS Clean Energy ETF in the 2nd quarter worth about $2,502,000. Finally, Millennium Management LLC bought a new stake in shares of ALPS Clean Energy ETF in the 3rd quarter worth about $2,038,000.
About ALPS Clean Energy ETF
The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.
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