ALPS Clean Energy ETF (NYSEARCA:ACES) Shares Up 2.7% – Here’s Why

ALPS Clean Energy ETF (NYSEARCA:ACESGet Free Report) traded up 2.7% during mid-day trading on Thursday . The stock traded as high as $36.99 and last traded at $36.94. Approximately 83,947 shares traded hands during trading, a decline of 6% from the average session volume of 89,227 shares. The stock had previously closed at $35.98.

ALPS Clean Energy ETF Stock Up 2.7%

The firm’s 50-day moving average price is $37.12 and its two-hundred day moving average price is $35.19. The firm has a market capitalization of $131.14 million, a PE ratio of 21.11 and a beta of 1.40.

Institutional Trading of ALPS Clean Energy ETF

A number of institutional investors have recently added to or reduced their stakes in ACES. Northwestern Mutual Wealth Management Co. increased its stake in shares of ALPS Clean Energy ETF by 9,621.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,128,585 shares of the company’s stock worth $69,009,000 after purchasing an additional 2,106,690 shares during the last quarter. Waystone Advisors LLC bought a new position in shares of ALPS Clean Energy ETF during the 4th quarter valued at $408,000. CIBC Private Wealth Group LLC lifted its stake in shares of ALPS Clean Energy ETF by 2.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,139,622 shares of the company’s stock valued at $36,400,000 after purchasing an additional 24,792 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of ALPS Clean Energy ETF in the 3rd quarter valued at $36,382,000. Finally, Wealthfront Advisers LLC boosted its holdings in ALPS Clean Energy ETF by 0.5% in the fourth quarter. Wealthfront Advisers LLC now owns 94,918 shares of the company’s stock worth $3,077,000 after purchasing an additional 484 shares in the last quarter.

ALPS Clean Energy ETF Company Profile

(Get Free Report)

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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