Harbour Investments Inc. Reduces Position in Invesco Solar ETF $TAN

Harbour Investments Inc. trimmed its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 17.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,563 shares of the exchange traded fund’s stock after selling 553 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco Solar ETF were worth $88,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of TAN. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco Solar ETF by 2.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,517 shares of the exchange traded fund’s stock worth $564,000 after acquiring an additional 524 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Solar ETF by 5.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 28,522 shares of the exchange traded fund’s stock worth $869,000 after acquiring an additional 1,419 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of Invesco Solar ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 28,980 shares of the exchange traded fund’s stock worth $883,000 after acquiring an additional 14,490 shares during the last quarter. Perigon Wealth Management LLC increased its position in shares of Invesco Solar ETF by 10.1% during the first quarter. Perigon Wealth Management LLC now owns 9,206 shares of the exchange traded fund’s stock worth $280,000 after acquiring an additional 841 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco Solar ETF during the first quarter worth about $49,000.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA TAN opened at $46.53 on Friday. Invesco Solar ETF has a 1 year low of $25.53 and a 1 year high of $49.60. The firm has a market cap of $878.95 million, a price-to-earnings ratio of 18.04 and a beta of 1.36. The stock’s 50-day simple moving average is $43.65 and its 200-day simple moving average is $37.07.

About Invesco Solar ETF

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).