ALPS Clean Energy ETF (NYSEARCA:ACES) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

ALPS Clean Energy ETF (NYSEARCA:ACES)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $28.89 and traded as low as $27.71. ALPS Clean Energy ETF shares last traded at $27.76, with a volume of 61,559 shares traded.

ALPS Clean Energy ETF Stock Down 0.4 %

The firm has a market capitalization of $202.02 million, a price-to-earnings ratio of 10.24 and a beta of 1.77. The stock has a 50 day moving average of $28.01 and a 200 day moving average of $28.87.

Hedge Funds Weigh In On ALPS Clean Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of ACES. CWM LLC boosted its position in shares of ALPS Clean Energy ETF by 4,212.0% during the third quarter. CWM LLC now owns 2,156 shares of the company’s stock worth $63,000 after buying an additional 2,106 shares during the period. Virtu Financial LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth approximately $605,000. Flow Traders U.S. LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth approximately $614,000. Truist Financial Corp boosted its position in shares of ALPS Clean Energy ETF by 3.3% during the second quarter. Truist Financial Corp now owns 26,303 shares of the company’s stock worth $741,000 after buying an additional 830 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of ALPS Clean Energy ETF during the third quarter worth 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.