ALPS Clean Energy ETF (NYSEARCA:ACES) Shares Pass Above 50 Day Moving Average – What’s Next?

ALPS Clean Energy ETF (NYSEARCA:ACES)’s stock price passed 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 Stock Performance

The stock has a 50 day moving average price of $28.14 and a 200 day moving average price of $28.94. The company has a market capitalization of $208.31 million, a P/E ratio of 10.24 and a beta of 1.77.

Institutional Investors Weigh In On ALPS Clean Energy ETF

Large investors have recently modified their holdings of the stock. CWM LLC grew its stake in shares of ALPS Clean Energy ETF by 4,212.0% during the 3rd quarter. CWM LLC now owns 2,156 shares of the company’s stock worth $63,000 after acquiring an additional 2,106 shares during the period. Virtu Financial LLC boosted its position in ALPS Clean Energy ETF by 51.2% during 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 period. Flow Traders U.S. LLC purchased a new position in shares of ALPS Clean Energy ETF in the third quarter worth about $614,000. Truist Financial Corp raised its position in shares of ALPS Clean Energy ETF by 3.3% in the second quarter. Truist Financial Corp now owns 26,303 shares of the company’s stock valued at $741,000 after purchasing an additional 830 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of ALPS Clean Energy ETF during the 3rd quarter valued at approximately $2,379,000.

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.