83,820 Shares in Invesco Solar ETF $TAN Acquired by Black Swift Group LLC

Black Swift Group LLC bought a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 83,820 shares of the exchange traded fund’s stock, valued at approximately $3,657,000. Black Swift Group LLC owned approximately 0.44% of Invesco Solar ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allworth Financial LP increased its position in shares of Invesco Solar ETF by 133.3% during the second quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 500 shares during the period. Johnson Financial Group Inc. purchased a new position in Invesco Solar ETF in the second quarter valued at $39,000. AE Wealth Management LLC boosted its holdings in Invesco Solar ETF by 257.4% in the third quarter. AE Wealth Management LLC now owns 2,584 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 1,861 shares during the period. Global Retirement Partners LLC grew its stake in Invesco Solar ETF by 130.1% during the 3rd quarter. Global Retirement Partners LLC now owns 2,752 shares of the exchange traded fund’s stock worth $120,000 after purchasing an additional 1,556 shares in the last quarter. Finally, Friedenthal Financial acquired a new position in Invesco Solar ETF during the 3rd quarter worth $154,000.

Invesco Solar ETF Price Performance

Shares of NYSEARCA TAN opened at $53.28 on Friday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 18.04 and a beta of 1.37. The stock’s 50-day moving average is $54.79 and its two-hundred day moving average is $49.24. Invesco Solar ETF has a 1-year low of $25.53 and a 1-year high of $61.03.

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). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers.