PNC Financial Services Group Inc. Sells 296 Shares of Invesco Solar ETF (NYSEARCA:TAN)

PNC Financial Services Group Inc. lessened its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 0.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 57,078 shares of the exchange traded fund’s stock after selling 296 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco Solar ETF were worth $2,461,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in Invesco Solar ETF during the 2nd quarter valued at about $713,000. Foundations Investment Advisors LLC acquired a new position in Invesco Solar ETF in the second quarter valued at approximately $786,000. Private Advisor Group LLC boosted its stake in Invesco Solar ETF by 2.2% in the third quarter. Private Advisor Group LLC now owns 15,329 shares of the exchange traded fund’s stock valued at $661,000 after acquiring an additional 333 shares during the last quarter. Scientech Research LLC acquired a new stake in Invesco Solar ETF during the 2nd quarter worth $262,000. Finally, SG Americas Securities LLC grew its holdings in Invesco Solar ETF by 217.7% during the 2nd quarter. SG Americas Securities LLC now owns 104,774 shares of the exchange traded fund’s stock worth $4,213,000 after acquiring an additional 71,800 shares during the period.

Invesco Solar ETF Stock Up 4.1 %

TAN stock opened at $36.05 on Tuesday. Invesco Solar ETF has a twelve month low of $33.79 and a twelve month high of $54.62. The company has a market cap of $868.44 million, a P/E ratio of 9.19 and a beta of 1.81. The business’s fifty day moving average is $38.73 and its 200-day moving average is $41.19.

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).