Invesco Global Clean Energy ETF (NYSEARCA:PBD) Shares Down 0.1% – Should You Sell?

Invesco Global Clean Energy ETF (NYSEARCA:PBD – Get Free Report)’s share price fell 0.1% during trading on Monday. The stock traded as low as $15.75 and last traded at $15.76. 66,409 shares were traded during trading, a decline of 18% from the average session volume of 80,994 shares. The stock had previously closed at $15.77.

Invesco Global Clean Energy ETF Trading Up 0.6%

The company has a market capitalization of $107.61 million, a price-to-earnings ratio of 19.47 and a beta of 1.37. The firm’s 50 day simple moving average is $17.28 and its 200-day simple moving average is $18.85.

Institutional Investors Weigh In On Invesco Global Clean Energy ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers increased its stake in shares of Invesco Global Clean Energy ETF by 571.4% during the 1st quarter. Cetera Investment Advisers now owns 117,075 shares of the company’s stock valued at $2,099,000 after acquiring an additional 99,637 shares during the last quarter. Mather Group LLC. purchased a new position in shares of Invesco Global Clean Energy ETF during the 3rd quarter worth about $249,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Global Clean Energy ETF in the second quarter worth approximately $74,000. Citadel Advisors LLC acquired a new stake in shares of Invesco Global Clean Energy ETF in the second quarter worth approximately $272,000. Finally, Nilsine Partners LLC boosted its position in shares of Invesco Global Clean Energy ETF by 0.7% in the second quarter. Nilsine Partners LLC now owns 90,082 shares of the company’s stock worth $1,766,000 after acquiring an additional 641 shares during the last quarter.

About Invesco Global Clean Energy ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Invesco Global Clean Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Global Clean Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.