UBS Group AG Sells 38,046 Shares of Invesco Solar ETF $TAN

UBS Group AG cut its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 28.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,114 shares of the exchange traded fund’s stock after selling 38,046 shares during the period. UBS Group AG’s holdings in Invesco Solar ETF were worth $4,770,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Florin Court Capital LLP bought a new stake in Invesco Solar ETF during the 3rd quarter worth approximately $5,135,000. Citigroup Inc. increased its holdings in Invesco Solar ETF by 719.1% during the 3rd quarter. Citigroup Inc. now owns 887,670 shares of the exchange traded fund’s stock worth $38,729,000 after acquiring an additional 779,301 shares during the period. Black Swift Group LLC bought a new stake in Invesco Solar ETF during the 3rd quarter worth approximately $3,657,000. Natural Investments LLC bought a new stake in Invesco Solar ETF during the 4th quarter worth approximately $966,000. Finally, Altfest L J & Co. Inc. bought a new stake in Invesco Solar ETF during the 4th quarter worth approximately $4,100,000.

Invesco Solar ETF Trading Up 3.1%

Invesco Solar ETF stock opened at $64.86 on Friday. The firm’s 50 day simple moving average is $57.53 and its 200 day simple moving average is $54.05. The firm has a market capitalization of $1.79 billion, a PE 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 $65.50.

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.