Nwam LLC Cuts Stake in Invesco Solar ETF (NYSEARCA:TAN)

Nwam LLC trimmed its stake in Invesco Solar ETF (NYSEARCA:TAN) by 17.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,117 shares of the exchange traded fund’s stock after selling 1,723 shares during the quarter. Nwam LLC’s holdings in Invesco Solar ETF were worth $269,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of Invesco Solar ETF by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,282 shares of the exchange traded fund’s stock valued at $1,004,000 after purchasing an additional 8,011 shares during the last quarter. Private Advisor Group LLC raised its position in shares of 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 worth $661,000 after buying an additional 333 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Invesco Solar ETF in the third quarter valued at $1,033,000. National Bank of Canada FI grew its position in Invesco Solar ETF by 203.3% during the third quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after acquiring an additional 300,149 shares during the period. Finally, Vontobel Holding Ltd. grew its position in Invesco Solar ETF by 31.3% during the fourth quarter. Vontobel Holding Ltd. now owns 22,607 shares of the exchange traded fund’s stock valued at $749,000 after acquiring an additional 5,385 shares during the period.

Invesco Solar ETF Price Performance

Invesco Solar ETF stock opened at $32.35 on Friday. The company has a market cap of $774.14 million, a price-to-earnings ratio of 15.42 and a beta of 1.38. Invesco Solar ETF has a 12 month low of $32.03 and a 12 month high of $49.93. The stock’s 50-day moving average is $34.13 and its 200-day moving average is $36.98.

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).