Geneos Wealth Management Inc. Lowers Stock Position in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW)

Geneos Wealth Management Inc. lessened its stake in shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 30.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,807 shares of the company’s stock after selling 800 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco WilderHill Clean Energy ETF were worth $54,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PBW. Arlington Financial Advisors LLC purchased a new position in shares of Invesco WilderHill Clean Energy ETF in the fourth quarter valued at approximately $5,073,000. Goldman Sachs Group Inc. boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 111.0% in the second quarter. Goldman Sachs Group Inc. now owns 244,855 shares of the company’s stock valued at $11,192,000 after purchasing an additional 128,818 shares during the period. Bank Hapoalim BM acquired a new stake in Invesco WilderHill Clean Energy ETF in the third quarter valued at approximately $3,172,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco WilderHill Clean Energy ETF in the third quarter valued at approximately $1,647,000. Finally, CX Institutional acquired a new stake in Invesco WilderHill Clean Energy ETF in the third quarter valued at approximately $1,322,000.

Invesco WilderHill Clean Energy ETF Stock Down 1.8 %

Shares of NYSEARCA:PBW opened at $20.12 on Wednesday. The firm’s 50 day moving average price is $22.98 and its 200 day moving average price is $25.54. The stock has a market cap of $320.31 million, a price-to-earnings ratio of 1.23 and a beta of 1.96. Invesco WilderHill Clean Energy ETF has a fifty-two week low of $19.95 and a fifty-two week high of $44.63.

About Invesco WilderHill Clean Energy ETF

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.