PFG Investments LLC Sells 10,289 Shares of Invesco Solar ETF (NYSEARCA:TAN)

PFG Investments LLC decreased its stake in Invesco Solar ETF (NYSEARCA:TAN) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,628 shares of the exchange traded fund’s stock after selling 10,289 shares during the period. PFG Investments LLC owned about 0.27% of Invesco Solar ETF worth $2,174,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank Hapoalim BM acquired a new position in shares of Invesco Solar ETF in the third quarter valued at approximately $255,000. Scientech Research LLC acquired a new position in Invesco Solar ETF in the 2nd quarter valued at approximately $262,000. Nwam LLC bought a new position in shares of Invesco Solar ETF during the third quarter valued at $424,000. Oppenheimer & Co. Inc. raised its stake in shares of Invesco Solar ETF by 20.3% during the third quarter. Oppenheimer & Co. Inc. now owns 11,084 shares of the exchange traded fund’s stock valued at $478,000 after acquiring an additional 1,868 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Invesco Solar ETF by 35.1% during the third quarter. CWM LLC now owns 11,106 shares of the exchange traded fund’s stock worth $479,000 after purchasing an additional 2,886 shares during the period.

Invesco Solar ETF Stock Down 1.0 %

NYSEARCA TAN opened at $33.32 on Tuesday. The company has a market capitalization of $802.68 million, a price-to-earnings ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a twelve month low of $32.12 and a twelve month high of $49.93. The stock has a fifty day simple moving average of $34.77 and a 200 day simple moving average of $38.24.

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).