Hager Investment Management Services LLC Invests $381,000 in Invesco Solar ETF (NYSEARCA:TAN)

Hager Investment Management Services LLC acquired a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,492 shares of the exchange traded fund’s stock, valued at approximately $381,000.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Invesco Solar ETF by 52.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,282 shares of the exchange traded fund’s stock worth $1,004,000 after acquiring an additional 8,011 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco Solar ETF in the 2nd quarter valued at $713,000. Private Advisor Group LLC grew its holdings in Invesco Solar ETF by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 15,329 shares of the exchange traded fund’s stock valued at $661,000 after buying an additional 333 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Invesco Solar ETF in the 3rd quarter valued at $1,033,000. Finally, National Bank of Canada FI grew its holdings in Invesco Solar ETF by 203.3% in the 3rd quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after buying an additional 300,149 shares in the last quarter.

Invesco Solar ETF Price Performance

Shares of NYSEARCA TAN opened at $33.96 on Wednesday. The stock’s fifty day moving average price is $34.62 and its two-hundred day moving average price is $37.85. Invesco Solar ETF has a one year low of $32.12 and a one year high of $49.93. The firm has a market cap of $818.10 million, a price-to-earnings ratio of 9.19 and a beta of 1.81.

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).