(ACES) ALPS Clean Energy - Ratings and Ratios

ALPS Clean Energy ETF (NYSE ARCA:ACES) is a non-diversified fund designed to track the performance of the CIBC Atlas Clean Energy Index. The fund invests at least 80% of its net assets in securities from the underlying index, which employs a rules-based methodology to select U.S. and Canadian companies in the clean energy sector. The index focuses on firms involved in renewable energy, clean technology, and related industries, aiming to capture growth opportunities in the transition to sustainable energy solutions.

As of the latest data, the fund has approximately $106.06 million in assets under management (AUM). Its average trading volume over the past 20 days is 126,817 shares, with a last price of $22.94. The funds technical indicators show a short-term moving average (SMA) of $24.84 (20-day) and $25.79 (50-day), both above its current price, while the 200-day SMA stands at $27.90. The Average True Range (ATR) is 0.69, indicating moderate volatility in recent trading sessions.

Over the next three months, based on and , the fund is expected to face headwinds due to its current price being below key moving averages. The 20-day SMA ($24.84) and 50-day SMA ($25.79) suggest bearish momentum, while the ATR of 0.69 indicates potential volatility. However, the stable AUM of $106.06 million reflects investor confidence in the funds exposure to the clean energy sector. The indexs focus on renewable energy and clean technology aligns with long-term secular trends, which may provide a tailwind despite short-term technical weakness.