Ledyard National Bank Sells 1,527 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Ledyard National Bank cut its stake in Invesco Solar ETF (NYSEARCA:TAN) by 14.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,358 shares of the exchange traded fund’s stock after selling 1,527 shares during the quarter. Ledyard National Bank’s holdings in Invesco Solar ETF were worth $310,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers raised its stake in Invesco Solar ETF by 10.4% in the second quarter. Cetera Investment Advisers now owns 55,678 shares of the exchange traded fund’s stock worth $2,239,000 after buying an additional 5,255 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco Solar ETF during the 2nd quarter worth approximately $713,000. CWM LLC raised its position in shares of Invesco Solar ETF by 35.1% in the 3rd quarter. CWM LLC now owns 11,106 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 2,886 shares in the last quarter. Vontobel Holding Ltd. lifted its stake in shares of Invesco Solar ETF by 8.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 17,222 shares of the exchange traded fund’s stock valued at $742,000 after purchasing an additional 1,334 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of Invesco Solar ETF by 2.2% during the third quarter. Private Advisor Group LLC now owns 15,329 shares of the exchange traded fund’s stock valued at $661,000 after purchasing an additional 333 shares in the last quarter.

Invesco Solar ETF Trading Up 0.3 %

TAN opened at $34.36 on Friday. The company has a market cap of $827.73 million, a price-to-earnings ratio of 9.19 and a beta of 1.81. The stock has a fifty day simple moving average of $34.48 and a two-hundred day simple moving average of $37.74. Invesco Solar ETF has a 12-month low of $32.12 and a 12-month high of $49.93.

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).