Allianz SE Trims Stake in Invesco WilderHill Clean Energy ETF $PBW

Allianz SE lessened its position in shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 18.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 214,068 shares of the company’s stock after selling 50,000 shares during the quarter. Allianz SE owned about 1.19% of Invesco WilderHill Clean Energy ETF worth $6,182,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in shares of Invesco WilderHill Clean Energy ETF by 14.3% in the first quarter. Royal Bank of Canada now owns 23,634 shares of the company’s stock valued at $372,000 after acquiring an additional 2,952 shares during the period. Goldman Sachs Group Inc. raised its position in Invesco WilderHill Clean Energy ETF by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 237,587 shares of the company’s stock valued at $3,740,000 after purchasing an additional 48,043 shares during the last quarter. Allworth Financial LP boosted its stake in Invesco WilderHill Clean Energy ETF by 1,095.9% during the 2nd quarter. Allworth Financial LP now owns 1,746 shares of the company’s stock worth $35,000 after purchasing an additional 1,600 shares during the period. Cetera Investment Advisers grew its position in Invesco WilderHill Clean Energy ETF by 9.0% during the 2nd quarter. Cetera Investment Advisers now owns 13,880 shares of the company’s stock worth $276,000 after purchasing an additional 1,142 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Invesco WilderHill Clean Energy ETF by 42.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock worth $28,000 after purchasing an additional 425 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Stock Performance

NYSEARCA PBW opened at $32.41 on Friday. The firm’s fifty day moving average is $33.71 and its two-hundred day moving average is $31.05. Invesco WilderHill Clean Energy ETF has a one year low of $13.19 and a one year high of $36.58. The firm has a market cap of $681.58 million, a PE ratio of 0.93 and a beta of 1.77.

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.