Invesco Solar ETF $TAN Stock Holdings Boosted by Spire Wealth Management

Spire Wealth Management lifted its position in Invesco Solar ETF (NYSEARCA:TAN) by 7,913.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 111,628 shares of the exchange traded fund’s stock after buying an additional 110,235 shares during the period. Spire Wealth Management owned approximately 0.51% of Invesco Solar ETF worth $5,483,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TAN. Goldman Sachs Group Inc. raised its position in Invesco Solar ETF by 72.0% in the first quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock worth $8,100,000 after acquiring an additional 111,322 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Invesco Solar ETF by 350.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 132,780 shares of the exchange traded fund’s stock valued at $4,549,000 after purchasing an additional 103,322 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Invesco Solar ETF in the 2nd quarter worth approximately $39,000. Kilter Group LLC acquired a new position in shares of Invesco Solar ETF in the 2nd quarter worth approximately $219,000. Finally, Cerity Partners LLC raised its holdings in shares of Invesco Solar ETF by 97.2% in the 2nd quarter. Cerity Partners LLC now owns 13,023 shares of the exchange traded fund’s stock worth $478,000 after purchasing an additional 6,419 shares in the last quarter.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA:TAN opened at $54.52 on Friday. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 18.04 and a beta of 1.37. Invesco Solar ETF has a 1-year low of $25.53 and a 1-year high of $61.03. The company has a 50 day moving average price of $56.23 and a 200 day moving average price of $50.70.

Invesco Solar ETF Company 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.