HighTower Advisors LLC Makes New $30.85 Million Investment in Invesco Global Clean Energy ETF $PBD

HighTower Advisors LLC bought a new position in shares of Invesco Global Clean Energy ETF (NYSEARCA:PBD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,917,933 shares of the company’s stock, valued at approximately $30,845,000. HighTower Advisors LLC owned approximately 18.66% of Invesco Global Clean Energy ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Invesco Global Clean Energy ETF by 23.4% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 132,832 shares of the company’s stock valued at $2,136,000 after buying an additional 25,217 shares during the period. UBS Group AG increased its stake in Invesco Global Clean Energy ETF by 347.3% during the 4th quarter. UBS Group AG now owns 163,790 shares of the company’s stock worth $2,634,000 after acquiring an additional 127,175 shares during the period. Nilsine Partners LLC acquired a new position in Invesco Global Clean Energy ETF in the 4th quarter valued at $1,477,000. Hennion & Walsh Asset Management Inc. acquired a new position in Invesco Global Clean Energy ETF in the 4th quarter valued at $609,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Global Clean Energy ETF by 1,333.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,450 shares of the company’s stock valued at $97,000 after acquiring an additional 6,000 shares during the period.

Invesco Global Clean Energy ETF Stock Performance

PBD opened at $21.71 on Friday. The firm has a market cap of $217.75 million, a P/E ratio of 19.47 and a beta of 1.33. Invesco Global Clean Energy ETF has a 52-week low of $11.50 and a 52-week high of $22.34. The business’s fifty day moving average is $19.48 and its 200-day moving average is $17.89.

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.