Invesco Global Clean Energy ETF (NYSEARCA:PBD) Stock Price Up 1.8% – Here’s Why

Invesco Global Clean Energy ETF (NYSEARCA:PBDGet Free Report)’s stock price traded up 1.8% during mid-day trading on Thursday . The stock traded as high as $17.33 and last traded at $17.25. Approximately 26,574 shares traded hands during trading, a decline of 69% from the average session volume of 85,175 shares. The stock had previously closed at $16.94.

Invesco Global Clean Energy ETF Stock Performance

The stock has a market capitalization of $120.99 million, a P/E ratio of 19.47 and a beta of 1.36. The stock has a 50-day simple moving average of $17.85 and a 200 day simple moving average of $19.01.

Hedge Funds Weigh In On Invesco Global Clean Energy ETF

Large investors have recently made changes to their positions in the company. HighTower Advisors LLC bought a new position in shares of Invesco Global Clean Energy ETF in the 4th quarter worth $30,845,000. UBS Group AG grew its stake in shares of Invesco Global Clean Energy ETF by 347.3% during the fourth quarter. UBS Group AG now owns 163,790 shares of the company’s stock worth $2,634,000 after purchasing an additional 127,175 shares during the period. Cetera Investment Advisers increased its holdings 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 last quarter. Wellington Shields & Co. LLC bought a new stake in Invesco Global Clean Energy ETF in the fourth quarter valued at about $415,000. Finally, Independent Financial Group LLC acquired a new position in Invesco Global Clean Energy ETF in the first quarter valued at about $462,000.

Invesco Global Clean Energy ETF Company Profile

(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.

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