Invesco Global Clean Energy ETF (NYSEARCA:PBD) Stock Position Reduced by Colorado Capital Management Inc.

Colorado Capital Management Inc. cut its stake in shares of Invesco Global Clean Energy ETF (NYSEARCA:PBD) by 8.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 79,664 shares of the company’s stock after selling 7,138 shares during the period. Invesco Global Clean Energy ETF comprises approximately 1.1% of Colorado Capital Management Inc.’s holdings, making the stock its 28th largest position. Colorado Capital Management Inc. owned approximately 0.74% of Invesco Global Clean Energy ETF worth $1,505,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Invesco Global Clean Energy ETF during the fourth quarter valued at approximately $27,000. WealthPlan Investment Management LLC bought a new stake in Invesco Global Clean Energy ETF in the first quarter worth approximately $32,000. Citigroup Inc. grew its position in Invesco Global Clean Energy ETF by 298.7% in the first quarter. Citigroup Inc. now owns 2,392 shares of the company’s stock worth $59,000 after acquiring an additional 1,792 shares in the last quarter. Thomas White International Ltd. grew its position in Invesco Global Clean Energy ETF by 19.9% in the fourth quarter. Thomas White International Ltd. now owns 3,820 shares of the company’s stock worth $70,000 after acquiring an additional 633 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in Invesco Global Clean Energy ETF in the first quarter worth approximately $172,000.

Invesco Global Clean Energy ETF Stock Up 0.1 %

PBD stock traded up $0.02 during trading hours on Tuesday, hitting $16.29. The company’s stock had a trading volume of 12,716 shares, compared to its average volume of 23,538. The company has a market capitalization of $167.46 million, a PE ratio of -31.78 and a beta of 1.32. Invesco Global Clean Energy ETF has a 12 month low of $16.23 and a 12 month high of $21.83. The stock has a 50 day moving average price of $18.09 and a two-hundred day moving average price of $18.53.

Invesco Global Clean Energy ETF Profile

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.