Financial Management Professionals Inc. Sells 34,856 Shares of Invesco WilderHill Clean Energy ETF $PBW

Financial Management Professionals Inc. reduced its holdings in shares of Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) by 68.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,141 shares of the company’s stock after selling 34,856 shares during the period. Financial Management Professionals Inc.’s holdings in Invesco WilderHill Clean Energy ETF were worth $630,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC acquired a new position in Invesco WilderHill Clean Energy ETF in the fourth quarter worth about $27,000. JPMorgan Chase & Co. lifted its stake in Invesco WilderHill Clean Energy ETF by 42.9% during the second 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 period. Johnson Financial Group Inc. boosted its holdings in Invesco WilderHill Clean Energy ETF by 274.9% during the first quarter. Johnson Financial Group Inc. now owns 1,436 shares of the company’s stock valued at $45,000 after purchasing an additional 1,053 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Invesco WilderHill Clean Energy ETF during the fourth quarter valued at approximately $57,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Invesco WilderHill Clean Energy ETF in the 4th quarter valued at approximately $89,000.

Invesco WilderHill Clean Energy ETF Trading Down 0.6%

PBW stock opened at $34.61 on Tuesday. Invesco WilderHill Clean Energy ETF has a 1-year low of $23.54 and a 1-year high of $47.22. The business’s 50 day moving average is $36.77 and its 200-day moving average is $35.92. The firm has a market cap of $426.40 million, a P/E ratio of 0.93 and a beta of 1.79.

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.