Invesco Solar ETF $TAN Shares Acquired by Citigroup Inc.

Citigroup Inc. boosted its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 719.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 887,670 shares of the exchange traded fund’s stock after purchasing an additional 779,301 shares during the period. Citigroup Inc. owned approximately 4.62% of Invesco Solar ETF worth $38,729,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake 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 valued at $30,000 after acquiring an additional 500 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in Invesco Solar ETF during the 2nd quarter valued at approximately $39,000. AE Wealth Management LLC grew its stake in Invesco Solar ETF by 257.4% during the 3rd 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 in the last quarter. Global Retirement Partners LLC increased its holdings 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 during the last quarter. Finally, Friedenthal Financial acquired a new position in shares of Invesco Solar ETF in the 3rd quarter valued at approximately $154,000.

Invesco Solar ETF Trading Up 0.7%

TAN stock opened at $60.53 on Wednesday. Invesco Solar ETF has a twelve month low of $25.53 and a twelve month high of $61.03. The company has a market capitalization of $1.55 billion, a P/E ratio of 18.04 and a beta of 1.37. The firm has a 50 day simple moving average of $53.87 and a 200-day simple moving average of $48.35.

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). 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.