US Bancorp DE Cuts Stock Holdings in Invesco Solar ETF $TAN

US Bancorp DE lowered its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 15.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,924 shares of the exchange traded fund’s stock after selling 738 shares during the quarter. US Bancorp DE’s holdings in Invesco Solar ETF were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Garde Capital Inc. purchased a new position in shares of Invesco Solar ETF during the first quarter worth about $30,000. Proffitt & Goodson Inc. lifted its position in Invesco Solar ETF by 113.6% in the first quarter. Proffitt & Goodson Inc. now owns 1,132 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 602 shares during the period. NBC Securities Inc. lifted its position in Invesco Solar ETF by 116,000.0% in the first quarter. NBC Securities Inc. now owns 1,161 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 1,160 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco Solar ETF in the first quarter valued at about $49,000. Finally, Olde Wealth Management LLC acquired a new stake in Invesco Solar ETF in the first quarter valued at about $53,000.

Invesco Solar ETF Stock Up 8.8%

Shares of NYSEARCA:TAN opened at $39.84 on Monday. The company has a market cap of $695.21 million, a P/E ratio of 18.04 and a beta of 1.36. Invesco Solar ETF has a 52 week low of $25.53 and a 52 week high of $43.79. The company has a 50-day moving average price of $36.48 and a 200 day moving average price of $33.37.

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).