Townsend Asset Management Corp NC ADV Sells 820 Shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW)

Townsend Asset Management Corp NC ADV lessened its holdings in shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 22.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,758 shares of the company’s stock after selling 820 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Invesco WilderHill Clean Energy ETF were worth $43,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Invesco WilderHill Clean Energy ETF by 136.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,339 shares of the company’s stock worth $27,000 after acquiring an additional 772 shares in the last quarter. BNP Paribas bought a new stake in Invesco WilderHill Clean Energy ETF in the fourth quarter valued at $31,000. Envestnet Portfolio Solutions Inc. boosted its holdings in Invesco WilderHill Clean Energy ETF by 4.9% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 83,340 shares of the company’s stock valued at $1,312,000 after acquiring an additional 3,919 shares in the last quarter. John G Ullman & Associates Inc. boosted its holdings in Invesco WilderHill Clean Energy ETF by 7.0% in the fourth quarter. John G Ullman & Associates Inc. now owns 125,800 shares of the company’s stock valued at $2,517,000 after acquiring an additional 8,200 shares in the last quarter. Finally, Natural Investments LLC bought a new stake in Invesco WilderHill Clean Energy ETF in the fourth quarter valued at $211,000.

Invesco WilderHill Clean Energy ETF Stock Up 1.5%

NYSEARCA:PBW opened at $19.52 on Thursday. The stock has a market cap of $320.52 million, a P/E ratio of 0.93 and a beta of 1.74. The firm’s fifty day simple moving average is $17.17 and its 200 day simple moving average is $18.27. Invesco WilderHill Clean Energy ETF has a twelve month low of $13.19 and a twelve month high of $24.01.

Invesco WilderHill Clean Energy ETF Profile

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.