Wells Fargo & Company MN Acquires 523 Shares of ALPS Clean Energy ETF (NYSEARCA:ACES)

Wells Fargo & Company MN boosted its stake in shares of ALPS Clean Energy ETF (NYSEARCA:ACES) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,397 shares of the company’s stock after purchasing an additional 523 shares during the quarter. Wells Fargo & Company MN owned about 0.28% of ALPS Clean Energy ETF worth $531,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC raised its stake in ALPS Clean Energy ETF by 178.8% in the 4th quarter. Wealthfront Advisers LLC now owns 138,803 shares of the company’s stock worth $3,614,000 after purchasing an additional 89,023 shares in the last quarter. Virtu Financial LLC bought a new position in shares of ALPS Clean Energy ETF during the third quarter worth approximately $605,000. TigerOak Management L.L.C. acquired a new stake in shares of ALPS Clean Energy ETF in the fourth quarter valued at approximately $248,000. Lee Danner & Bass Inc. bought a new stake in shares of ALPS Clean Energy ETF in the fourth quarter valued at approximately $31,000. Finally, Tempus Wealth Planning LLC boosted its stake in shares of ALPS Clean Energy ETF by 10.8% in the fourth quarter. Tempus Wealth Planning LLC now owns 8,920 shares of the company’s stock valued at $232,000 after buying an additional 870 shares during the period.

ALPS Clean Energy ETF Stock Up 1.1 %

Shares of ALPS Clean Energy ETF stock opened at $23.04 on Friday. ALPS Clean Energy ETF has a 12-month low of $19.93 and a 12-month high of $32.50. The company has a market capitalization of $86.40 million, a price-to-earnings ratio of 19.53 and a beta of 1.49. The firm’s 50-day moving average price is $22.73 and its two-hundred day moving average price is $25.40.

About ALPS Clean Energy ETF

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.