Larson Financial Group LLC Sells 455 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Larson Financial Group LLC cut its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 13.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,028 shares of the exchange traded fund’s stock after selling 455 shares during the quarter. Larson Financial Group LLC’s holdings in Invesco Solar ETF were worth $162,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TAN. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Invesco Solar ETF by 73,533.3% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,104,500 shares of the exchange traded fund’s stock worth $58,926,000 after purchasing an additional 1,103,000 shares during the period. Gemmer Asset Management LLC bought a new position in Invesco Solar ETF in the third quarter valued at approximately $8,847,000. GenTrust LLC bought a new position in Invesco Solar ETF in the fourth quarter valued at approximately $5,386,000. Modera Wealth Management LLC bought a new position in Invesco Solar ETF in the third quarter valued at approximately $2,047,000. Finally, Prudential PLC bought a new position in Invesco Solar ETF in the third quarter valued at approximately $1,979,000.

Invesco Solar ETF Price Performance

Shares of NYSEARCA:TAN opened at $40.31 on Thursday. The company’s 50 day simple moving average is $43.42 and its 200 day simple moving average is $45.32. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 9.26 and a beta of 1.80. Invesco Solar ETF has a 1 year low of $39.11 and a 1 year 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).