Invesco Solar ETF $TAN Shares Acquired by Nwam LLC

Nwam LLC boosted its position in Invesco Solar ETF (NYSEARCA:TAN) by 65.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 90,588 shares of the exchange traded fund’s stock after purchasing an additional 35,689 shares during the quarter. Nwam LLC owned about 0.33% of Invesco Solar ETF worth $5,047,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TAN. Del Sette Capital Management LLC acquired a new stake in shares of Invesco Solar ETF in the first quarter valued at approximately $802,000. Fifth Third Bancorp boosted its position in shares of Invesco Solar ETF by 702.2% during the first quarter. Fifth Third Bancorp now owns 2,535 shares of the exchange traded fund’s stock worth $141,000 after buying an additional 2,219 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Invesco Solar ETF by 8.6% during the first quarter. Kestra Advisory Services LLC now owns 10,745 shares of the exchange traded fund’s stock worth $599,000 after buying an additional 852 shares during the period. Meitav Investment House Ltd. bought a new position in Invesco Solar ETF in the 1st quarter worth approximately $3,888,000. Finally, Integrated Advisors Network LLC bought a new position in Invesco Solar ETF in the 1st quarter worth approximately $210,000.

Invesco Solar ETF Price Performance

TAN opened at $55.13 on Wednesday. Invesco Solar ETF has a 12 month low of $35.98 and a 12 month high of $75.60. The stock has a market cap of $1.61 billion, a P/E ratio of 18.04 and a beta of 1.38. The stock’s 50 day moving average price is $61.89 and its 200 day moving average price is $57.53.

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). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers.