Union Bancaire Privee UBP SA Makes New Investment in Invesco Solar ETF (NYSEARCA:TAN)

Union Bancaire Privee UBP SA bought a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 915 shares of the exchange traded fund’s stock, valued at approximately $31,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Global Retirement Partners LLC increased its position in shares of Invesco Solar ETF by 48.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,117 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 365 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in Invesco Solar ETF by 31.3% in the 4th quarter. Vontobel Holding Ltd. now owns 22,607 shares of the exchange traded fund’s stock valued at $749,000 after purchasing an additional 5,385 shares in the last quarter. Sycomore Asset Management acquired a new stake in Invesco Solar ETF in the 4th quarter valued at $215,000. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Solar ETF in the fourth quarter valued at about $480,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Invesco Solar ETF in the fourth quarter valued at about $44,050,000.

Invesco Solar ETF Stock Performance

TAN stock opened at $34.26 on Wednesday. Invesco Solar ETF has a 1 year low of $32.12 and a 1 year high of $49.93. The stock has a 50-day simple moving average of $34.10 and a 200-day simple moving average of $37.10. The firm has a market cap of $819.84 million, a P/E ratio of 15.42 and a beta of 1.38.

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).