Truist Financial Corp Has $741,000 Stock Position in ALPS Clean Energy ETF (NYSEARCA:ACES)

Truist Financial Corp increased its stake in shares of ALPS Clean Energy ETF (NYSEARCA:ACES) by 3.3% in the second quarter, Holdings Channel reports. The firm owned 26,303 shares of the company’s stock after buying an additional 830 shares during the quarter. Truist Financial Corp’s holdings in ALPS Clean Energy ETF were worth $741,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blume Capital Management Inc. raised its stake in shares of ALPS Clean Energy ETF by 133.3% in the 1st quarter. Blume Capital Management Inc. now owns 3,500 shares of the company’s stock valued at $104,000 after purchasing an additional 2,000 shares during the period. Virtu Financial LLC grew its stake in shares of ALPS Clean Energy ETF by 42.1% in the fourth quarter. Virtu Financial LLC now owns 7,835 shares of the company’s stock valued at $281,000 after buying an additional 2,320 shares in the last quarter. Millennium Management LLC acquired a new position in ALPS Clean Energy ETF during the second quarter worth $2,816,000. Global Assets Advisory LLC bought a new stake in ALPS Clean Energy ETF during the first quarter worth $3,176,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in ALPS Clean Energy ETF by 6.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 353,380 shares of the company’s stock valued at $9,951,000 after acquiring an additional 20,854 shares during the last quarter.

ALPS Clean Energy ETF Stock Performance

Shares of NYSEARCA:ACES opened at $28.62 on Tuesday. The company has a 50-day simple moving average of $28.37 and a 200 day simple moving average of $28.97. The company has a market capitalization of $211.80 million, a P/E ratio of 10.24 and a beta of 1.77. ALPS Clean Energy ETF has a 52-week low of $25.55 and a 52-week high of $36.92.

ALPS Clean Energy ETF Company Profile

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.