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

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

ALPS Clean Energy ETF Price Performance

The company’s 50 day simple moving average is $25.42 and its 200 day simple moving average is $27.02. The firm has a market cap of $99.37 million, a price-to-earnings ratio of 19.37 and a beta of 1.44.

Hedge Funds Weigh In On ALPS Clean Energy ETF

Several institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth $614,000. Jane Street Group LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth $2,379,000. Virtu Financial LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth $605,000. Tempus Wealth Planning LLC grew its stake in shares of ALPS Clean Energy ETF by 10.8% during the fourth quarter. Tempus Wealth Planning LLC now owns 8,920 shares of the company’s stock worth $232,000 after purchasing an additional 870 shares in the last quarter. Finally, TigerOak Management L.L.C. acquired a new position in shares of ALPS Clean Energy ETF during the fourth quarter worth $248,000.

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.