Raymond James & Associates Cuts Stock Position in ALPS Clean Energy ETF (NYSEARCA:ACES)

Raymond James & Associates lowered its stake in shares of ALPS Clean Energy ETF (NYSEARCA:ACES) by 17.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,901 shares of the company’s stock after selling 3,416 shares during the quarter. Raymond James & Associates owned about 0.15% of ALPS Clean Energy ETF worth $571,000 as of its most recent SEC filing.

ALPS Clean Energy ETF Stock Down 1.0 %

ACES opened at $26.43 on Friday. ALPS Clean Energy ETF has a 52-week low of $25.55 and a 52-week high of $50.68. The company has a market cap of $200.87 million, a P/E ratio of 10.05 and a beta of 1.76. The firm’s 50-day moving average price is $28.63 and its 200-day moving average price is $30.79.

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.