Invesco Solar ETF $TAN Stock Position Boosted by Nwam LLC

Nwam LLC raised its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 65.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 90,588 shares of the exchange traded fund’s stock after buying an additional 35,689 shares during the period. Nwam LLC’s holdings in Invesco Solar ETF were worth $5,047,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new stake in shares of Invesco Solar ETF in the 4th quarter worth approximately $25,000. SBI Securities Co. Ltd. increased its stake in shares of Invesco Solar ETF by 62.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 553 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 212 shares during the period. Parallel Advisors LLC acquired a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $28,000. Assetmark Inc. acquired a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $29,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco Solar ETF during the fourth quarter worth approximately $35,000.

Invesco Solar ETF Price Performance

Shares of NYSEARCA:TAN opened at $55.13 on Wednesday. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 18.04 and a beta of 1.38. Invesco Solar ETF has a 12 month low of $35.98 and a 12 month high of $75.60. The stock’s 50 day moving average price is $61.89 and its 200 day moving average price is $57.53.

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.