Clal Insurance Enterprises Holdings Ltd Boosts Position in Invesco Solar ETF (NYSEARCA:TAN)

Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 205.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,600,000 shares of the exchange traded fund’s stock after acquiring an additional 1,750,000 shares during the quarter. Invesco Solar ETF makes up about 1.0% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 28th biggest holding. Clal Insurance Enterprises Holdings Ltd owned approximately 10.79% of Invesco Solar ETF worth $112,086,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Nwam LLC acquired a new position in Invesco Solar ETF in the 3rd quarter valued at about $424,000. LMR Partners LLP purchased a new stake in Invesco Solar ETF in the third quarter valued at $747,000. Oppenheimer & Co. Inc. lifted its stake in shares of Invesco Solar ETF by 20.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 11,084 shares of the exchange traded fund’s stock valued at $478,000 after purchasing an additional 1,868 shares during the last quarter. Bank Hapoalim BM purchased a new position in shares of Invesco Solar ETF during the 3rd quarter worth $255,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco Solar ETF by 248.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 17,743 shares of the exchange traded fund’s stock worth $765,000 after purchasing an additional 12,648 shares during the last quarter.

Invesco Solar ETF Price Performance

NYSEARCA TAN opened at $34.64 on Friday. The stock has a market capitalization of $834.48 million, a P/E ratio of 9.19 and a beta of 1.81. The firm’s 50-day moving average is $38.94 and its two-hundred day moving average is $41.32. Invesco Solar ETF has a 12 month low of $33.79 and a 12 month high of $54.62.

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).