ALPS Clean Energy ETF (NYSEARCA:ACES) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

ALPS Clean Energy ETF (NYSEARCA:ACES)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $28.14 and traded as high as $28.39. ALPS Clean Energy ETF shares last traded at $28.15, with a volume of 132,731 shares trading hands.

ALPS Clean Energy ETF Trading Up 3.4 %

The business has a fifty day moving average of $28.14 and a 200-day moving average of $28.94. The firm has a market cap of $208.31 million, a PE ratio of 10.24 and a beta of 1.77.

Institutional Trading of ALPS Clean Energy ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its stake in ALPS Clean Energy ETF by 16.2% in the 1st quarter. Jane Street Group LLC now owns 434,449 shares of the company’s stock worth $12,894,000 after acquiring an additional 60,505 shares during the last quarter. Virtu Financial LLC increased its position in shares of ALPS Clean Energy ETF by 51.2% in the first quarter. Virtu Financial LLC now owns 11,843 shares of the company’s stock worth $351,000 after purchasing an additional 4,008 shares during the last quarter. Millennium Management LLC purchased a new stake in ALPS Clean Energy ETF in the second quarter valued at approximately $2,816,000. Northwestern Mutual Wealth Management Co. lifted its position in ALPS Clean Energy ETF by 6.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 353,380 shares of the company’s stock valued at $9,951,000 after purchasing an additional 20,854 shares during the last quarter. Finally, Truist Financial Corp grew its stake in ALPS Clean Energy ETF by 3.3% in the 2nd quarter. Truist Financial Corp now owns 26,303 shares of the company’s stock worth $741,000 after buying an additional 830 shares in the last quarter.

About ALPS Clean Energy ETF

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.