Envestnet Asset Management Inc. Grows Stock Holdings in Invesco WilderHill Clean Energy ETF $PBW

Envestnet Asset Management Inc. grew its holdings in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 167.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,509 shares of the company’s stock after acquiring an additional 22,853 shares during the period. Envestnet Asset Management Inc. owned about 0.21% of Invesco WilderHill Clean Energy ETF worth $1,054,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Invesco WilderHill Clean Energy ETF by 42.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after purchasing an additional 425 shares in the last quarter. Allworth Financial LP boosted its position in shares of Invesco WilderHill Clean Energy ETF by 1,095.9% in the second quarter. Allworth Financial LP now owns 1,746 shares of the company’s stock worth $35,000 after buying an additional 1,600 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of Invesco WilderHill Clean Energy ETF in the second quarter worth about $42,000. Dakota Community Bank & Trust NA acquired a new stake in shares of Invesco WilderHill Clean Energy ETF in the third quarter valued at about $59,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Invesco WilderHill Clean Energy ETF during the 3rd quarter valued at about $63,000.

Invesco WilderHill Clean Energy ETF Stock Down 4.5%

NYSEARCA PBW opened at $31.69 on Wednesday. Invesco WilderHill Clean Energy ETF has a fifty-two week low of $13.19 and a fifty-two week high of $36.58. The business has a 50 day moving average price of $33.71 and a two-hundred day moving average price of $31.25. The stock has a market cap of $666.44 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.