Invesco Solar ETF $TAN Stake Boosted by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 16.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,920 shares of the exchange traded fund’s stock after purchasing an additional 1,689 shares during the quarter. HighTower Advisors LLC owned approximately 0.05% of Invesco Solar ETF worth $363,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Harbour Investments Inc. grew its holdings in shares of Invesco Solar ETF by 11.8% during the first quarter. Harbour Investments Inc. now owns 3,116 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 328 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco Solar ETF by 2.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,517 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 524 shares during the last quarter. Patriot Investment Management Group Inc. grew its holdings in shares of Invesco Solar ETF by 1.5% during the first quarter. Patriot Investment Management Group Inc. now owns 36,654 shares of the exchange traded fund’s stock valued at $1,116,000 after purchasing an additional 526 shares during the last quarter. Proffitt & Goodson Inc. grew its holdings in shares of Invesco Solar ETF by 113.6% during 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 last quarter. Finally, Perigon Wealth Management LLC grew its holdings in shares of Invesco Solar ETF by 10.1% during the first quarter. Perigon Wealth Management LLC now owns 9,206 shares of the exchange traded fund’s stock valued at $280,000 after purchasing an additional 841 shares during the last quarter.

Invesco Solar ETF Trading Up 0.2%

NYSEARCA:TAN opened at $41.55 on Tuesday. The firm has a market capitalization of $725.05 million, a PE ratio of 18.04 and a beta of 1.36. The stock has a 50 day moving average of $38.20 and a 200-day moving average of $33.94. Invesco Solar ETF has a 52 week low of $25.53 and a 52 week high of $43.79.

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).