Arete Wealth Advisors LLC purchased a new position in shares of Invesco Solar ETF (NYSEARCA:TAN – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 8,833 shares of the exchange traded fund’s stock, valued at approximately $686,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Resurgent Financial Advisors LLC bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $26,000. Kalos Management Inc. bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $32,000. Financial Freedom LLC bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $34,000. Osterweis Capital Management Inc. bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $36,000. Finally, Tower Research Capital LLC TRC bought a new position in Invesco Solar ETF during the 1st quarter worth approximately $39,000.
Invesco Solar ETF Stock Down 2.1 %
NYSEARCA:TAN opened at $55.92 on Friday. The company has a fifty day moving average of $62.86 and a 200-day moving average of $69.33. The firm has a market capitalization of $1.64 billion, a P/E ratio of 69.11 and a beta of 1.36. Invesco Solar ETF has a twelve month low of $54.72 and a twelve month high of $85.00.
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).
See Also
- Five stocks we like better than Invesco Solar ETF
- Retail Stocks Investing, Explained
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
- Quiet Period Expirations Explained
- 3 Reasons Price Weakness Is a Buying Opportunity For Lennar
- What Are Dividend Challengers?
- Name A Better Trio Than These Underrated High Potential Stocks
Want to see what other hedge funds are holding TAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Solar ETF (NYSEARCA:TAN – Free Report).
Receive News & Ratings for Invesco Solar ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Solar ETF and related companies with MarketBeat.com's FREE daily email newsletter.
