Invesco Global Clean Energy ETF (NYSEARCA:PBD – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 59,827 shares, a drop of 53.9% from the August 31st total of 129,915 shares. Based on an average daily volume of 153,906 shares, the short-interest ratio is presently 0.4 days. Currently, 0.9% of the company’s shares are short sold.
Invesco Global Clean Energy ETF Price Performance
PBD stock remained flat at $16.74 during trading on Tuesday. 16,413 shares of the company’s stock were exchanged, compared to its average volume of 83,095. The stock has a market cap of $114.33 million, a price-to-earnings ratio of 19.47 and a beta of 1.36. The stock has a 50-day simple moving average of $17.70 and a 200 day simple moving average of $19.00. Invesco Global Clean Energy ETF has a one year low of $14.92 and a one year high of $22.58.
Institutional Trading of Invesco Global Clean Energy ETF
Several institutional investors have recently made changes to their positions in PBD. Cetera Investment Advisers raised its position in Invesco Global Clean Energy ETF by 571.4% in the first quarter. Cetera Investment Advisers now owns 117,075 shares of the company’s stock valued at $2,099,000 after purchasing an additional 99,637 shares during the period. Independent Financial Group LLC acquired a new stake in shares of Invesco Global Clean Energy ETF during the 1st quarter worth about $462,000. Prospera Financial Services Inc purchased a new stake in Invesco Global Clean Energy ETF in the 4th quarter valued at about $372,000. Trust Co. of Vermont purchased a new stake in Invesco Global Clean Energy ETF in the 2nd quarter valued at about $382,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in Invesco Global Clean Energy ETF by 11.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 148,261 shares of the company’s stock valued at $2,658,000 after buying an additional 15,429 shares during the last quarter.
Invesco Global Clean Energy ETF Company Profile
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.
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