Larson Financial Group LLC Reduces Stake in Invesco Solar ETF (NYSEARCA:TAN)

Larson Financial Group LLC trimmed its stake in Invesco Solar ETF (NYSEARCA:TAN) by 13.1% during the fourth quarter, Holdings Channel reports. The fund owned 3,028 shares of the exchange traded fund’s stock after selling 455 shares during the period. Larson Financial Group LLC’s holdings in Invesco Solar ETF were worth $162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Greenwich Wealth Management LLC boosted its stake in Invesco Solar ETF by 0.7% in the fourth quarter. Greenwich Wealth Management LLC now owns 38,157 shares of the exchange traded fund’s stock valued at $2,036,000 after acquiring an additional 256 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in Invesco Solar ETF by 5.0% in the third quarter. Consolidated Portfolio Review Corp now owns 6,154 shares of the exchange traded fund’s stock valued at $319,000 after acquiring an additional 295 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in Invesco Solar ETF by 1.7% in the third quarter. Kestra Advisory Services LLC now owns 20,752 shares of the exchange traded fund’s stock valued at $1,075,000 after acquiring an additional 344 shares during the last quarter. Ledyard National Bank boosted its stake in Invesco Solar ETF by 1.7% in the third quarter. Ledyard National Bank now owns 22,944 shares of the exchange traded fund’s stock valued at $1,188,000 after acquiring an additional 377 shares during the last quarter. Finally, RPG Investment Advisory LLC boosted its stake in Invesco Solar ETF by 8.2% in the fourth quarter. RPG Investment Advisory LLC now owns 5,069 shares of the exchange traded fund’s stock valued at $270,000 after acquiring an additional 385 shares during the last quarter.

Invesco Solar ETF Trading Down 0.5 %

Shares of TAN stock opened at $40.31 on Thursday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 9.26 and a beta of 1.80. The firm’s 50 day moving average is $43.42 and its 200 day moving average is $45.32. Invesco Solar ETF has a 12 month low of $39.11 and a 12 month high of $76.82.

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).