Hennion & Walsh Asset Management Inc. Decreases Stake in Invesco Global Clean Energy ETF $PBD

Hennion & Walsh Asset Management Inc. trimmed its position in shares of Invesco Global Clean Energy ETF (NYSEARCA:PBD) by 74.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,615 shares of the company’s stock after selling 118,503 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco Global Clean Energy ETF were worth $776,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in Invesco Global Clean Energy ETF by 498.8% in the first quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock worth $96,000 after acquiring an additional 7,616 shares during the last quarter. Jane Street Group LLC increased its position in shares of Invesco Global Clean Energy ETF by 281.5% in the 1st quarter. Jane Street Group LLC now owns 144,653 shares of the company’s stock valued at $1,525,000 after purchasing an additional 106,735 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco Global Clean Energy ETF in the 2nd quarter valued at approximately $133,000. Ameriprise Financial Inc. increased its position in shares of Invesco Global Clean Energy ETF by 3.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 103,900 shares of the company’s stock valued at $1,309,000 after purchasing an additional 3,079 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Invesco Global Clean Energy ETF by 30.4% in the 2nd quarter. Bank of America Corp DE now owns 11,643 shares of the company’s stock valued at $147,000 after purchasing an additional 2,714 shares in the last quarter.

Invesco Global Clean Energy ETF Trading Up 0.1%

Shares of PBD opened at $18.55 on Friday. The firm has a market capitalization of $195.33 million, a price-to-earnings ratio of 19.47 and a beta of 1.35. The firm’s fifty day simple moving average is $18.85 and its 200-day simple moving average is $19.10. Invesco Global Clean Energy ETF has a twelve month low of $13.65 and a twelve month high of $22.58.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.