Princeton Global Asset Management LLC Sells 4,321 Shares of Invesco Global Clean Energy ETF (NYSEARCA:PBD)

Princeton Global Asset Management LLC reduced its position in Invesco Global Clean Energy ETF (NYSEARCA:PBD) by 65.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,248 shares of the company’s stock after selling 4,321 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Invesco Global Clean Energy ETF were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Invesco Global Clean Energy ETF by 38.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,807 shares of the company’s stock valued at $179,000 after purchasing an additional 3,561 shares during the period. Affinity Capital Advisors LLC bought a new position in Invesco Global Clean Energy ETF during the 4th quarter worth $308,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Invesco Global Clean Energy ETF by 7.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 61,938 shares of the company’s stock valued at $717,000 after acquiring an additional 4,237 shares in the last quarter. Finally, Jane Street Group LLC increased its position in Invesco Global Clean Energy ETF by 16.7% in the 3rd quarter. Jane Street Group LLC now owns 203,543 shares of the company’s stock valued at $2,852,000 after buying an additional 29,170 shares in the last quarter.

Invesco Global Clean Energy ETF Trading Down 2.4 %

PBD stock opened at $11.15 on Tuesday. The stock has a market cap of $95.11 million, a price-to-earnings ratio of 15.32 and a beta of 1.34. Invesco Global Clean Energy ETF has a 1-year low of $11.05 and a 1-year high of $15.07. The company’s 50 day moving average is $11.79 and its 200 day moving average is $12.67.

Invesco Global Clean Energy ETF Company 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.