Nwam LLC Acquires 2,385 Shares of Invesco Solar ETF $TAN

Nwam LLC increased its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 22.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,250 shares of the exchange traded fund’s stock after buying an additional 2,385 shares during the period. Nwam LLC owned 0.08% of Invesco Solar ETF worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Keystone Global Partners LLC acquired a new stake in shares of Invesco Solar ETF during the first quarter worth $28,000. Allworth Financial LP grew its position in Invesco Solar ETF by 133.3% during the 2nd quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 500 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in Invesco Solar ETF in the 2nd quarter valued at approximately $44,000. Harbour Investments Inc. lifted its holdings in shares of Invesco Solar ETF by 11.8% during the first quarter. Harbour Investments Inc. now owns 3,116 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 328 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Invesco Solar ETF in the 1st quarter valued at about $122,000.

Invesco Solar ETF Stock Down 2.5%

TAN stock opened at $50.57 on Thursday. The company’s fifty day simple moving average is $46.02 and its 200 day simple moving average is $39.32. Invesco Solar ETF has a 12-month low of $25.53 and a 12-month high of $53.68. The firm has a market cap of $971.45 million, a price-to-earnings ratio of 18.04 and a beta of 1.37.

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).