Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 417,399 shares, a drop of 34.4% from the June 15th total of 636,730 shares. Based on an average trading volume of 612,167 shares, the days-to-cover ratio is presently 0.7 days. Currently, 3.4% of the shares of the company are sold short.
Invesco WilderHill Clean Energy ETF Stock Down 4.3%
Shares of NYSEARCA:PBW opened at $33.43 on Friday. The company’s 50 day moving average price is $39.93 and its two-hundred day moving average price is $35.96. Invesco WilderHill Clean Energy ETF has a 12-month low of $21.78 and a 12-month high of $47.22. The firm has a market cap of $412.19 million, a PE ratio of 0.93 and a beta of 1.76.
Institutional Investors Weigh In On Invesco WilderHill Clean Energy ETF
Several institutional investors have recently made changes to their positions in PBW. Bartlett & CO. Wealth Management LLC bought a new position in Invesco WilderHill Clean Energy ETF during the 4th quarter worth $27,000. JPMorgan Chase & Co. raised its holdings in Invesco WilderHill Clean Energy ETF by 42.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after acquiring an additional 425 shares in the last quarter. Johnson Financial Group Inc. lifted its position in shares of Invesco WilderHill Clean Energy ETF by 274.9% during the 1st quarter. Johnson Financial Group Inc. now owns 1,436 shares of the company’s stock valued at $45,000 after acquiring an additional 1,053 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the 4th quarter worth $57,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the 4th quarter worth $89,000.
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.
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