ALPS Clean Energy ETF (NYSEARCA:ACES) Trading Up 2.7% – Here’s Why

ALPS Clean Energy ETF (NYSEARCA:ACES) shares were up 2.7% during mid-day trading on Thursday . The stock traded as high as $36.99 and last traded at $36.94. Approximately 83,947 shares traded hands during trading, a decline of 6% from the average session volume of 89,227 shares. The stock had previously closed at $35.98.

ALPS Clean Energy ETF Price Performance

The firm’s fifty day moving average price is $37.18 and its 200 day moving average price is $35.20. The stock has a market cap of $131.14 million, a PE ratio of 21.11 and a beta of 1.40.

Institutional Trading of ALPS Clean Energy ETF

Institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of ALPS Clean Energy ETF during the 2nd quarter worth approximately $96,000. Jane Street Group LLC purchased a new stake in ALPS Clean Energy ETF in the second quarter worth $2,502,000. Bank of America Corp DE lifted its position in shares of ALPS Clean Energy ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 33,999 shares of the company’s stock worth $877,000 after purchasing an additional 1,184 shares during the last quarter. Advisors Preferred LLC bought a new stake in shares of ALPS Clean Energy ETF during the third quarter worth $118,000. Finally, UBS Group AG boosted its stake in shares of ALPS Clean Energy ETF by 21.9% during the third quarter. UBS Group AG now owns 24,896 shares of the company’s stock valued at $795,000 after purchasing an additional 4,466 shares during the period.

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.