Stifel Financial Corp Sells 330 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Stifel Financial Corp cut its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 0.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,278 shares of the exchange traded fund’s stock after selling 330 shares during the quarter. Stifel Financial Corp owned 0.23% of Invesco Solar ETF worth $2,383,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bank Hapoalim BM purchased a new position in shares of Invesco Solar ETF in the 3rd quarter worth $255,000. Scientech Research LLC purchased a new position in Invesco Solar ETF in the second quarter worth about $262,000. Northstar Advisory Group LLC bought a new stake in Invesco Solar ETF during the second quarter worth approximately $361,000. Wedbush Securities Inc. raised its position in Invesco Solar ETF by 8.6% during the second quarter. Wedbush Securities Inc. now owns 9,322 shares of the exchange traded fund’s stock valued at $375,000 after purchasing an additional 739 shares during the period. Finally, Nwam LLC purchased a new stake in Invesco Solar ETF during the third quarter valued at approximately $424,000.

Invesco Solar ETF Stock Performance

Shares of Invesco Solar ETF stock opened at $33.53 on Thursday. The stock has a market cap of $807.74 million, a price-to-earnings ratio of 9.19 and a beta of 1.81. The stock has a 50 day moving average price of $36.71 and a 200-day moving average price of $40.10. Invesco Solar ETF has a one year low of $33.36 and a one year high of $54.62.

About Invesco Solar ETF

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).