Clean Energy ETF (PBW) Hits New 52-Week High

Group 1 - The Invesco WilderHill Clean Energy ETF (PBW) has reached a 52-week high, increasing 121.3% from its low of $13.19 per share [1] - The underlying WilderHill Clean Energy Index focuses on U.S.-listed companies involved in clean energy development and conservation, with PBW charging 65 basis points in annual fees [1] - The U.S. clean energy industry is experiencing significant growth due to rising demand for clean electricity driven by AI data centers, transportation electrification, and decreasing renewable installation costs [2] Group 2 - The recent interest rate cut by the Federal Reserve is expected to have positively impacted clean energy stocks and ETFs like PBW [3] - PBW shows a positive weighted alpha of 66.13, indicating potential for continued gains for investors [4]