Invesco Solar ETF (NYSEARCA:TAN) Sets New 12-Month Low at $39.68

Invesco Solar ETF (NYSEARCA:TAN)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $39.68 and last traded at $39.82, with a volume of 231281 shares changing hands. The stock had previously closed at $40.60.

Invesco Solar ETF Trading Up 0.9 %

The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 9.26 and a beta of 1.80. The business’s 50-day simple moving average is $43.98 and its two-hundred day simple moving average is $45.60.

Institutional Trading of Invesco Solar ETF

Large investors have recently modified their holdings of the stock. Resurgent Financial Advisors LLC acquired a new stake in shares of Invesco Solar ETF during the 4th quarter worth approximately $26,000. Financial Freedom LLC acquired a new stake in shares of Invesco Solar ETF during the 4th quarter worth approximately $34,000. Tower Research Capital LLC TRC acquired a new stake in shares of Invesco Solar ETF during the 1st quarter worth approximately $39,000. Sunbelt Securities Inc. acquired a new stake in shares of Invesco Solar ETF during the 1st quarter worth approximately $45,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Invesco Solar ETF during the 3rd quarter worth approximately $71,000.

About Invesco Solar ETF

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).