J.W. Cole Advisors Inc. Acquires New Stake in Invesco Solar ETF (NYSEARCA:TAN)

J.W. Cole Advisors Inc. acquired a new stake in Invesco Solar ETF (NYSEARCA:TAN) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,607 shares of the exchange traded fund’s stock, valued at approximately $352,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TAN. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Invesco Solar ETF by 73,533.3% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,104,500 shares of the exchange traded fund’s stock valued at $58,926,000 after acquiring an additional 1,103,000 shares during the period. CTC Alternative Strategies Ltd. acquired a new stake in Invesco Solar ETF in the fourth quarter valued at $838,000. Carnegie Capital Asset Management LLC lifted its holdings in Invesco Solar ETF by 3.2% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 162,417 shares of the exchange traded fund’s stock valued at $8,665,000 after acquiring an additional 5,065 shares during the period. Vontobel Holding Ltd. lifted its holdings in Invesco Solar ETF by 19.6% in the fourth quarter. Vontobel Holding Ltd. now owns 14,214 shares of the exchange traded fund’s stock valued at $758,000 after acquiring an additional 2,330 shares during the period. Finally, RPG Investment Advisory LLC lifted its holdings in Invesco Solar ETF by 8.2% in the fourth quarter. RPG Investment Advisory LLC now owns 5,069 shares of the exchange traded fund’s stock valued at $270,000 after acquiring an additional 385 shares during the period.

Invesco Solar ETF Stock Performance

Invesco Solar ETF stock opened at $40.31 on Thursday. Invesco Solar ETF has a one year low of $39.11 and a one year high of $76.82. The business has a fifty day moving average of $43.42 and a two-hundred day moving average of $45.32. The company has a market cap of $1.14 billion, a P/E ratio of 9.26 and a beta of 1.80.

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).