Trek Financial LLC Sells 50,079 Shares of Invesco Solar ETF $TAN

Trek Financial LLC trimmed its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 13.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 320,763 shares of the exchange traded fund’s stock after selling 50,079 shares during the quarter. Invesco Solar ETF makes up about 0.9% of Trek Financial LLC’s investment portfolio, making the stock its 26th biggest position. Trek Financial LLC owned 1.31% of Invesco Solar ETF worth $15,756,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TAN. Goldman Sachs Group Inc. grew its stake in Invesco Solar ETF by 72.0% during the first quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock worth $8,100,000 after buying an additional 111,322 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Invesco Solar ETF by 350.7% during the second quarter. JPMorgan Chase & Co. now owns 132,780 shares of the exchange traded fund’s stock worth $4,549,000 after buying an additional 103,322 shares during the last quarter. Cerity Partners LLC grew its stake in Invesco Solar ETF by 97.2% during the second quarter. Cerity Partners LLC now owns 13,023 shares of the exchange traded fund’s stock worth $478,000 after buying an additional 6,419 shares during the last quarter. LMR Partners LLP bought a new stake in Invesco Solar ETF during the second quarter worth about $6,252,000. Finally, Corient Private Wealth LLC bought a new stake in Invesco Solar ETF during the second quarter worth about $562,000.

Invesco Solar ETF Trading Up 1.8%

Shares of Invesco Solar ETF stock opened at $63.05 on Tuesday. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 18.04 and a beta of 1.29. Invesco Solar ETF has a 1-year low of $30.57 and a 1-year high of $64.14. The firm’s 50-day moving average price is $56.14 and its two-hundred day moving average price is $53.18.

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). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers.