Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Shares Up 2.2% – Still a Buy?

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was up 2.2% during trading on Monday . The stock traded as high as $23.01 and last traded at $22.48. Approximately 516,725 shares traded hands during trading, an increase of 48% from the average daily volume of 350,175 shares. The stock had previously closed at $21.99.

Invesco WilderHill Clean Energy ETF Price Performance

The stock has a market cap of $335.18 million, a P/E ratio of 1.19 and a beta of 1.96. The business’s fifty day moving average price is $20.55 and its 200 day moving average price is $20.21.

Hedge Funds Weigh In On Invesco WilderHill Clean Energy ETF

Several large investors have recently bought and sold shares of PBW. Wealthspire Advisors LLC raised its position in Invesco WilderHill Clean Energy ETF by 27.2% during the 2nd quarter. Wealthspire Advisors LLC now owns 30,533 shares of the company’s stock worth $615,000 after purchasing an additional 6,538 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco WilderHill Clean Energy ETF by 20.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,463 shares of the company’s stock worth $90,000 after acquiring an additional 765 shares during the last quarter. Moller Wealth Partners lifted its stake in shares of Invesco WilderHill Clean Energy ETF by 7.4% in the third quarter. Moller Wealth Partners now owns 36,580 shares of the company’s stock worth $733,000 after acquiring an additional 2,520 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco WilderHill Clean Energy ETF by 6.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,658 shares of the company’s stock worth $274,000 after acquiring an additional 887 shares during the period. Finally, Gateway Wealth Partners LLC increased its position in Invesco WilderHill Clean Energy ETF by 10.7% during the 3rd quarter. Gateway Wealth Partners LLC now owns 32,976 shares of the company’s stock valued at $661,000 after purchasing an additional 3,194 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.