Janney Montgomery Scott LLC Sells 1,464 Shares of Invesco Solar ETF $TAN

Janney Montgomery Scott LLC cut its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 20.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,843 shares of the exchange traded fund’s stock after selling 1,464 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco Solar ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TAN. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Invesco Solar ETF by 103.4% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,705,000 shares of the exchange traded fund’s stock worth $82,394,000 after acquiring an additional 1,375,000 shares in the last quarter. Goldman Sachs Group Inc. lifted 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 worth $8,100,000 after acquiring an additional 111,322 shares in the last quarter. Altfest L J & Co. Inc. bought a new position in Invesco Solar ETF during the first quarter worth about $2,477,000. National Bank of Canada FI lifted its holdings in Invesco Solar ETF by 9.6% during 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 acquiring an additional 22,740 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its holdings in Invesco Solar ETF by 68.5% during the first quarter. Vontobel Holding Ltd. now owns 38,093 shares of the exchange traded fund’s stock worth $1,160,000 after acquiring an additional 15,486 shares in the last quarter.

Invesco Solar ETF Price Performance

Shares of Invesco Solar ETF stock opened at $46.81 on Wednesday. The firm has a market cap of $884.24 million, a price-to-earnings ratio of 18.04 and a beta of 1.36. The stock’s 50-day moving average is $43.28 and its 200-day moving average is $36.87. Invesco Solar ETF has a one year low of $25.53 and a one year high of $49.60.

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).