ALPS Clean Energy ETF (NYSEARCA:ACES) Trading Down 1.4% – Here’s What Happened

ALPS Clean Energy ETF (NYSEARCA:ACES) shares were down 1.4% on Monday . The stock traded as low as $22.97 and last traded at $23.19. Approximately 119,186 shares were traded during trading, an increase of 11% from the average daily volume of 107,173 shares. The stock had previously closed at $23.53.

ALPS Clean Energy ETF Price Performance

The firm has a market cap of $99.72 million, a price-to-earnings ratio of 19.37 and a beta of 1.44. The firm’s 50 day moving average price is $25.54 and its two-hundred day moving average price is $27.09.

Institutional Investors Weigh In On ALPS Clean Energy ETF

Hedge funds have recently made changes to their positions in the business. GTS Securities LLC lifted its position in ALPS Clean Energy ETF by 371.8% in the fourth quarter. GTS Securities LLC now owns 114,005 shares of the company’s stock valued at $2,969,000 after purchasing an additional 89,843 shares during the period. Wealthfront Advisers LLC lifted its position in ALPS Clean Energy ETF by 178.8% in the fourth quarter. Wealthfront Advisers LLC now owns 138,803 shares of the company’s stock valued at $3,614,000 after purchasing an additional 89,023 shares during the period. Jane Street Group LLC acquired a new stake in ALPS Clean Energy ETF in the third quarter valued at about $2,379,000. Susquehanna International Group LLP lifted its position in ALPS Clean Energy ETF by 193.2% in the fourth quarter. Susquehanna International Group LLP now owns 79,975 shares of the company’s stock valued at $2,083,000 after purchasing an additional 52,697 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in ALPS Clean Energy ETF in the third quarter valued at about $614,000.

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.