Invesco Solar ETF (NYSEARCA:TAN) Shares Acquired by Golden State Wealth Management LLC

Golden State Wealth Management LLC boosted its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 100.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,980 shares of the exchange traded fund’s stock after buying an additional 14,490 shares during the quarter. Golden State Wealth Management LLC’s holdings in Invesco Solar ETF were worth $883,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TAN. Garde Capital Inc. bought a new position in shares of Invesco Solar ETF during the 1st quarter valued at about $30,000. Union Bancaire Privee UBP SA acquired a new stake in Invesco Solar ETF during the fourth quarter valued at approximately $31,000. NBC Securities Inc. boosted its holdings in Invesco Solar ETF by 116,000.0% during the first quarter. NBC Securities Inc. now owns 1,161 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 1,160 shares in the last quarter. Global Retirement Partners LLC grew its position in Invesco Solar ETF by 48.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,117 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 365 shares during the last quarter. Finally, IFP Advisors Inc grew its position in Invesco Solar ETF by 14.4% in the fourth quarter. IFP Advisors Inc now owns 3,920 shares of the exchange traded fund’s stock worth $130,000 after buying an additional 492 shares during the last quarter.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA:TAN opened at $33.47 on Thursday. The company has a market capitalization of $594.76 million, a PE ratio of 18.04 and a beta of 1.41. The stock has a fifty day moving average of $31.92 and a 200-day moving average of $32.55. Invesco Solar ETF has a one year low of $25.53 and a one year high of $44.74.

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).