IFP Advisors Inc Has $76,000 Stake in Invesco Solar ETF $TAN

IFP Advisors Inc lowered its stake in Invesco Solar ETF (NYSEARCA:TAN) by 30.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,220 shares of the exchange traded fund’s stock after selling 950 shares during the period. IFP Advisors Inc’s holdings in Invesco Solar ETF were worth $76,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TAN. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of Invesco Solar ETF by 103.4% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,705,000 shares of the exchange traded fund’s stock valued at $82,394,000 after acquiring an additional 1,375,000 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Invesco Solar ETF by 72.0% during the first quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock valued at $8,100,000 after purchasing an additional 111,322 shares during the last quarter. Altfest L J & Co. Inc. bought a new position in shares of Invesco Solar ETF in the first quarter valued at approximately $2,477,000. National Bank of Canada FI lifted its stake in shares of Invesco Solar ETF by 9.6% in the first quarter. National Bank of Canada FI now owns 260,206 shares of the exchange traded fund’s stock worth $7,939,000 after buying an additional 22,740 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in shares of Invesco Solar ETF by 68.5% in the first quarter. Vontobel Holding Ltd. now owns 38,093 shares of the exchange traded fund’s stock worth $1,160,000 after buying an additional 15,486 shares during the last quarter.

Invesco Solar ETF Trading Up 1.5%

NYSEARCA TAN opened at $47.24 on Tuesday. Invesco Solar ETF has a 1 year low of $25.53 and a 1 year high of $49.60. The company has a fifty day simple moving average of $43.08 and a 200 day simple moving average of $36.80. The company has a market cap of $892.36 million, a P/E ratio of 18.04 and a beta of 1.36.

About Invesco Solar ETF

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).