UBS Group AG Cuts Holdings in Invesco MSCI Sustainable Future ETF $ERTH

UBS Group AG decreased its position in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) by 19.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 95,349 shares of the company’s stock after selling 23,107 shares during the period. UBS Group AG’s holdings in Invesco MSCI Sustainable Future ETF were worth $4,498,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AE Wealth Management LLC purchased a new position in Invesco MSCI Sustainable Future ETF in the third quarter valued at $36,000. Osaic Holdings Inc. increased its holdings in Invesco MSCI Sustainable Future ETF by 29.7% in the second quarter. Osaic Holdings Inc. now owns 4,137 shares of the company’s stock valued at $176,000 after buying an additional 948 shares in the last quarter. Willow Creek Wealth Management Inc. acquired a new stake in shares of Invesco MSCI Sustainable Future ETF in the third quarter valued at about $202,000. Jones Financial Companies Lllp grew its position in shares of Invesco MSCI Sustainable Future ETF by 42.6% in the third quarter. Jones Financial Companies Lllp now owns 5,706 shares of the company’s stock valued at $268,000 after purchasing an additional 1,704 shares during the period. Finally, Natural Investments LLC acquired a new stake in shares of Invesco MSCI Sustainable Future ETF in the fourth quarter valued at about $392,000.

Invesco MSCI Sustainable Future ETF Stock Down 0.2%

Shares of NYSEARCA ERTH opened at $49.56 on Friday. The company’s 50-day simple moving average is $48.72 and its 200-day simple moving average is $48.12. Invesco MSCI Sustainable Future ETF has a 52-week low of $41.30 and a 52-week high of $51.08. The firm has a market cap of $146.20 million, a price-to-earnings ratio of 21.14 and a beta of 0.97.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.