ALPS Clean Energy ETF (NYSEARCA:ACES) Trading 0.4% Higher – Should You Buy?

ALPS Clean Energy ETF (NYSEARCA:ACES) shares were up 0.4% during mid-day trading on Monday . The company traded as high as $27.54 and last traded at $27.19. Approximately 37,858 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 71,248 shares. The stock had previously closed at $27.07.

ALPS Clean Energy ETF Stock Up 0.4%

The company’s 50-day moving average price is $26.65 and its 200-day moving average price is $24.79. The firm has a market cap of $92.45 million, a price-to-earnings ratio of 21.11 and a beta of 1.36.

Hedge Funds Weigh In On ALPS Clean Energy ETF

A number of hedge funds have recently modified their holdings of the business. GTS Securities LLC grew its position in ALPS Clean Energy ETF by 371.8% in the 4th quarter. GTS Securities LLC now owns 114,005 shares of the company’s stock valued at $2,969,000 after buying an additional 89,843 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of ALPS Clean Energy ETF by 265.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 96,922 shares of the company’s stock worth $2,501,000 after buying an additional 70,397 shares during the last quarter. Jane Street Group LLC raised its stake in shares of ALPS Clean Energy ETF by 14.6% during the 4th quarter. Jane Street Group LLC now owns 92,735 shares of the company’s stock worth $2,415,000 after buying an additional 11,837 shares during the last quarter. Susquehanna International Group LLP raised its stake in ALPS Clean Energy ETF by 193.2% in the 4th quarter. Susquehanna International Group LLP now owns 79,975 shares of the company’s stock valued at $2,083,000 after purchasing an additional 52,697 shares during the last quarter. Finally, Millennium Management LLC raised its stake in ALPS Clean Energy ETF by 27.3% in the 4th quarter. Millennium Management LLC now owns 73,958 shares of the company’s stock valued at $1,926,000 after purchasing an additional 15,881 shares during the last quarter.

ALPS Clean Energy ETF Company Profile

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.