Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Stock Price Up 3.5% – Time to Buy?

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW)’s share price was up 3.5% on Friday . The stock traded as high as $34.84 and last traded at $34.81. Approximately 657,947 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 930,653 shares. The stock had previously closed at $33.64.

Invesco WilderHill Clean Energy ETF Stock Up 3.5%

The company has a 50 day moving average of $36.98 and a two-hundred day moving average of $35.91. The firm has a market cap of $428.86 million, a P/E ratio of 0.93 and a beta of 1.79.

Institutional Investors Weigh In On Invesco WilderHill Clean Energy ETF

A number of institutional investors and hedge funds have recently modified their holdings of PBW. International Assets Investment Management LLC purchased a new position in shares of Invesco WilderHill Clean Energy ETF in the fourth quarter worth approximately $637,000. Kingsview Wealth Management LLC lifted its position in shares of Invesco WilderHill Clean Energy ETF by 2,793.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 234,565 shares of the company’s stock valued at $7,164,000 after acquiring an additional 226,457 shares in the last quarter. Q3 Asset Management purchased a new stake in shares of Invesco WilderHill Clean Energy ETF in the 4th quarter valued at approximately $1,389,000. Outlook Wealth Advisors LLC acquired a new position in Invesco WilderHill Clean Energy ETF in the 4th quarter worth approximately $1,091,000. Finally, Financial Management Professionals Inc. boosted its stake in Invesco WilderHill Clean Energy ETF by 343,206.7% in the 4th quarter. Financial Management Professionals Inc. now owns 51,496 shares of the company’s stock worth $1,573,000 after purchasing an additional 51,481 shares during the period.

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.