Invesco Global Clean Energy ETF (NYSEARCA:PBD) Shares Down 0.1% – Time to Sell?

Invesco Global Clean Energy ETF (NYSEARCA:PBD)’s stock price fell 0.1% on Monday. The company traded as low as $15.75 and last traded at $15.76. Approximately 66,409 shares traded hands during trading, a decline of 18% from the average session volume of 80,994 shares. The stock had previously closed at $15.77.

Invesco Global Clean Energy ETF Trading Down 0.1%

The stock has a market cap of $107.64 million, a price-to-earnings ratio of 19.47 and a beta of 1.37. The company’s fifty day moving average is $17.33 and its two-hundred day moving average is $18.87.

Institutional Investors Weigh In On Invesco Global Clean Energy ETF

Institutional investors have recently modified their holdings of the company. Mather Group LLC. acquired a new position in shares of Invesco Global Clean Energy ETF in the third quarter worth $249,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco Global Clean Energy ETF during the second quarter worth $74,000. Citadel Advisors LLC purchased a new stake in shares of Invesco Global Clean Energy ETF during the second quarter worth $272,000. Nilsine Partners LLC raised its stake in shares of Invesco Global Clean Energy ETF by 0.7% in the second quarter. Nilsine Partners LLC now owns 90,082 shares of the company’s stock valued at $1,766,000 after acquiring an additional 641 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of Invesco Global Clean Energy ETF in the second quarter valued at $382,000.

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.