Nwam LLC Reduces Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Nwam LLC lessened its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 17.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,117 shares of the exchange traded fund’s stock after selling 1,723 shares during the period. Nwam LLC’s holdings in Invesco Solar ETF were worth $269,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in Invesco Solar ETF by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,282 shares of the exchange traded fund’s stock valued at $1,004,000 after buying an additional 8,011 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of 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 worth $661,000 after acquiring an additional 333 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Invesco Solar ETF in the third quarter valued at $1,033,000. National Bank of Canada FI boosted its stake in shares of Invesco Solar ETF by 203.3% during the third quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after acquiring an additional 300,149 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its position in Invesco Solar ETF by 31.3% during the 4th quarter. Vontobel Holding Ltd. now owns 22,607 shares of the exchange traded fund’s stock worth $749,000 after purchasing an additional 5,385 shares in the last quarter.

Invesco Solar ETF Trading Down 3.9 %

Shares of TAN stock opened at $32.35 on Friday. The company has a market capitalization of $774.14 million, a price-to-earnings ratio of 15.42 and a beta of 1.38. The firm has a 50-day moving average price of $34.13 and a 200 day moving average price of $36.98. Invesco Solar ETF has a twelve month low of $32.03 and a twelve month high of $49.93.

Invesco Solar ETF 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).