Golden State Wealth Management LLC Acquires New Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Golden State Wealth Management LLC bought a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,490 shares of the exchange traded fund’s stock, valued at approximately $480,000. Golden State Wealth Management LLC owned about 0.06% of Invesco Solar ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TAN. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Invesco Solar ETF in the 4th quarter valued at about $44,050,000. Hager Investment Management Services LLC acquired a new position in shares of Invesco Solar ETF in the fourth quarter worth approximately $381,000. Perigon Wealth Management LLC bought a new stake in Invesco Solar ETF in the fourth quarter valued at approximately $290,000. Union Bancaire Privee UBP SA acquired a new stake in Invesco Solar ETF during the 4th quarter valued at approximately $31,000. Finally, Cox Capital Mgt LLC bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $729,000.

Invesco Solar ETF Stock Performance

NYSEARCA:TAN opened at $34.36 on Friday. Invesco Solar ETF has a 52 week low of $32.12 and a 52 week high of $49.93. The firm’s fifty day moving average is $34.48 and its 200-day moving average is $37.74. The firm has a market cap of $827.73 million, a P/E ratio of 9.19 and a beta of 1.81.

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).