Strategic Wealth Investment Group LLC Sells 697 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Strategic Wealth Investment Group LLC lowered its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 7.3% during the fourth quarter, HoldingsChannel reports. The fund owned 8,786 shares of the exchange traded fund’s stock after selling 697 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Invesco Solar ETF were worth $291,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of Invesco Solar ETF by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 77,298 shares of the exchange traded fund’s stock worth $3,108,000 after purchasing an additional 9,397 shares during the period. Cetera Investment Advisers increased its stake in Invesco Solar ETF by 10.4% during the second quarter. Cetera Investment Advisers now owns 55,678 shares of the exchange traded fund’s stock valued at $2,239,000 after acquiring an additional 5,255 shares during the period. Sanctuary Advisors LLC bought a new position in Invesco Solar ETF during the second quarter valued at about $713,000. CWM LLC raised its holdings in Invesco Solar ETF by 35.1% in the 3rd quarter. CWM LLC now owns 11,106 shares of the exchange traded fund’s stock valued at $479,000 after acquiring an additional 2,886 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its position in shares of Invesco Solar ETF by 8.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 17,222 shares of the exchange traded fund’s stock worth $742,000 after acquiring an additional 1,334 shares during the period.

Invesco Solar ETF Trading Up 1.7 %

TAN opened at $34.18 on Friday. The stock’s 50 day simple moving average is $34.70 and its 200-day simple moving average is $38.06. The stock has a market cap of $823.40 million, a PE ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a 1 year low of $32.12 and a 1 year high of $49.93.

Invesco Solar ETF 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).