Converteam is competing in the manufacture of products for use in gas pipelines and electricity grids with large-cap companies in Europe like Siemens AG and ABB Ltd.

FORBES: GE Moves To Bag Converteam For Growth In Renewables

Among the largest underlying components of PIN, in trading today ITC Holdings Corp ( NYSE: ITC) is up about 0.2%, and ABB Ltd ( NYSE: ABB) is lower by about 0.9%.

FORBES: Notable ETF Inflow Detected - PIN, ITC, ABB

Joe Hogan, an American who runs ABB Ltd.

WSJ: EU Reaches Deal to Curb Bank Bonuses

Hefty signing bonuses for ABB Ltd.

WSJ: Swiss Back Executive-Pay Controls

Among the largest underlying components of PIN, in trading today ITC Holdings Corp ( NYSE: ITC) is down about 0.1%, ABB Ltd ( NYSE: ABB) is up about 1.3%, and Pwershars DB Base Mtls Short Etn ( AMEX: BOS) is higher by about 0.1%.

FORBES: PIN, ITC, ABB, BOS: Large Inflows Detected at ETF

Power and automation giant ABB, Ltd. (NYSE:ABB) was named Cleantech Corporation of the Year at the Cleantech Forum in San Francisco on March 15th.

FORBES: ABB Group Named Cleantech Company of the Year