Blair William & Co. IL Reduces Position in Invesco Solar ETF (NYSEARCA:TAN)

Blair William & Co. IL lowered its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,436 shares of the exchange traded fund’s stock after selling 1,629 shares during the period. Blair William & Co. IL’s holdings in Invesco Solar ETF were worth $279,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Invesco Solar ETF in the 4th quarter valued at approximately $44,050,000. National Bank of Canada FI raised its holdings in Invesco Solar ETF by 203.3% in the third quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after acquiring an additional 300,149 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco Solar ETF during the 4th quarter valued at $1,064,000. Y Intercept Hong Kong Ltd acquired a new position in Invesco Solar ETF during the 3rd quarter worth $1,033,000. Finally, JPMorgan Chase & Co. increased its position in shares of Invesco Solar ETF by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,282 shares of the exchange traded fund’s stock worth $1,004,000 after purchasing an additional 8,011 shares during the last quarter.

Invesco Solar ETF Stock Performance

Shares of TAN stock opened at $28.88 on Friday. The stock has a market capitalization of $686.48 million, a price-to-earnings ratio of 16.82 and a beta of 1.42. Invesco Solar ETF has a one year low of $28.20 and a one year high of $49.93. The company’s 50-day simple moving average is $32.92 and its 200-day simple moving average is $35.46.

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).