Cwm LLC Sells 865 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Cwm LLC decreased its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 16.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,355 shares of the exchange traded fund’s stock after selling 865 shares during the period. Cwm LLC’s holdings in Invesco Solar ETF were worth $232,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Headlands Technologies LLC purchased a new position in Invesco Solar ETF in the 3rd quarter worth about $71,000. Headinvest LLC purchased a new position in shares of Invesco Solar ETF during the third quarter worth approximately $72,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Invesco Solar ETF during the third quarter valued at approximately $78,000. Allworth Financial LP lifted its holdings in shares of Invesco Solar ETF by 52.5% in the 4th quarter. Allworth Financial LP now owns 1,580 shares of the exchange traded fund’s stock worth $84,000 after buying an additional 544 shares during the period. Finally, NBC Securities Inc. bought a new position in Invesco Solar ETF during the 3rd quarter worth about $89,000.

Invesco Solar ETF Stock Performance

TAN stock opened at $42.91 on Friday. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a one year low of $38.83 and a one year high of $74.71. The firm has a 50-day simple moving average of $42.82 and a two-hundred day simple moving average of $45.01.

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).