Commonwealth Equity Services LLC Sells 6,577 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Commonwealth Equity Services LLC cut its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 17.5% in the fourth quarter, HoldingsChannel reports. The firm owned 30,984 shares of the exchange traded fund’s stock after selling 6,577 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Solar ETF were worth $1,026,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco Solar ETF during the fourth quarter valued at $31,000. Global Retirement Partners LLC grew its holdings in Invesco Solar ETF by 48.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,117 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 365 shares in the last quarter. IFP Advisors Inc increased its position in Invesco Solar ETF by 14.4% during the 4th quarter. IFP Advisors Inc now owns 3,920 shares of the exchange traded fund’s stock valued at $130,000 after purchasing an additional 492 shares during the period. Sycomore Asset Management bought a new stake in shares of Invesco Solar ETF in the 4th quarter valued at about $215,000. Finally, Perigon Wealth Management LLC bought a new stake in shares of Invesco Solar ETF in the 4th quarter valued at about $290,000.

Invesco Solar ETF Stock Performance

NYSEARCA TAN opened at $30.46 on Tuesday. The company has a market cap of $724.03 million, a PE ratio of 17.74 and a beta of 1.54. The firm’s 50 day moving average price is $33.16 and its 200-day moving average price is $35.72. Invesco Solar ETF has a 52-week low of $29.76 and a 52-week high of $49.93.

Invesco Solar ETF Company 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).