Cambridge Investment Research Advisors Inc. Grows Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 5.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,522 shares of the exchange traded fund’s stock after buying an additional 1,419 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.13% of Invesco Solar ETF worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TAN. OLD Mission Capital LLC acquired a new stake in Invesco Solar ETF in the 4th quarter valued at approximately $3,166,000. GTS Securities LLC boosted its position in Invesco Solar ETF by 222.9% during the 4th quarter. GTS Securities LLC now owns 28,074 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 50,921 shares during the period. Toronto Dominion Bank bought a new position in shares of Invesco Solar ETF in the fourth quarter worth $1,461,000. Raymond James Financial Inc. acquired a new position in shares of Invesco Solar ETF during the fourth quarter valued at $1,064,000. Finally, IHT Wealth Management LLC acquired a new position in shares of Invesco Solar ETF during the fourth quarter valued at $905,000.

Invesco Solar ETF Price Performance

Shares of NYSEARCA:TAN opened at $38.73 on Monday. The stock has a market cap of $681.96 million, a price-to-earnings ratio of 18.04 and a beta of 1.36. Invesco Solar ETF has a 12 month low of $25.53 and a 12 month high of $44.74. The stock’s 50 day moving average price is $32.97 and its 200 day moving average price is $32.58.

Invesco Solar ETF Company 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).