Invesco Solar ETF (NYSEARCA:TAN) Shares Bought by IFP Advisors Inc

IFP Advisors Inc raised its stake in Invesco Solar ETF (NYSEARCA:TAN) by 14.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,920 shares of the exchange traded fund’s stock after purchasing an additional 492 shares during the period. IFP Advisors Inc’s holdings in Invesco Solar ETF were worth $130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Union Bancaire Privee UBP SA acquired a new stake in Invesco Solar ETF in the 4th quarter valued at about $31,000. Global Retirement Partners LLC raised its position in Invesco Solar ETF by 48.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,117 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 365 shares in the last quarter. Vontobel Holding Ltd. raised its position in Invesco Solar ETF by 31.3% in the 4th quarter. Vontobel Holding Ltd. now owns 22,607 shares of the exchange traded fund’s stock valued at $749,000 after purchasing an additional 5,385 shares in the last quarter. Sycomore Asset Management acquired a new stake in Invesco Solar ETF in the 4th quarter valued at about $215,000. Finally, Golden State Wealth Management LLC acquired a new stake in Invesco Solar ETF in the 4th quarter valued at about $480,000.

Invesco Solar ETF Stock Performance

TAN opened at $32.08 on Wednesday. Invesco Solar ETF has a one year low of $30.61 and a one year high of $49.93. The company has a market cap of $767.67 million, a P/E ratio of 15.42 and a beta of 1.38. The business’s 50-day simple moving average is $34.03 and its 200-day simple moving average is $36.83.

Invesco Solar ETF Profile

Guggenheim Solar ETF, formerly Claymore/MAC Global Solar Energy Index ETF, seeks investment results that correspond generally to the performance of an equity index called the MAC Global Solar Energy Index (the Index). The Index consists of approximately 25 stocks selected based on the relative importance of solar power within the Company’s business model, as determined by MAC Indexing LLC (the Index Provider).