Parallel Advisors LLC Sells 303 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Parallel Advisors LLC lowered its position in shares of Invesco Solar ETF (NYSEARCA:TANFree Report) by 22.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,041 shares of the exchange traded fund’s stock after selling 303 shares during the period. Parallel Advisors LLC’s holdings in Invesco Solar ETF were worth $56,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Headlands Technologies LLC bought a new position in shares of Invesco Solar ETF during the 3rd quarter valued at $71,000. Headinvest LLC purchased a new stake in Invesco Solar ETF during the third quarter valued at about $72,000. Allworth Financial LP grew its stake in shares of Invesco Solar ETF by 52.5% during the fourth quarter. Allworth Financial LP now owns 1,580 shares of the exchange traded fund’s stock valued at $84,000 after buying an additional 544 shares during the last quarter. Sycomore Asset Management purchased a new position in shares of Invesco Solar ETF in the fourth quarter worth about $113,000. Finally, Principal Securities Inc. bought a new stake in shares of Invesco Solar ETF in the 4th quarter valued at about $131,000.

Invesco Solar ETF Price Performance

TAN opened at $45.96 on Friday. The stock’s 50 day simple moving average is $43.56 and its 200 day simple moving average is $45.18. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a 1 year low of $38.83 and a 1 year high of $74.71.

Invesco Solar ETF Company Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for Invesco Solar ETF (NYSEARCA:TAN)

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