Nwam LLC Sells 72,827 Shares of Invesco Solar ETF $TAN

Nwam LLC trimmed its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 80.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,761 shares of the exchange traded fund’s stock after selling 72,827 shares during the quarter. Nwam LLC owned approximately 0.06% of Invesco Solar ETF worth $1,051,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco Solar ETF by 95,252.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,423,380 shares of the exchange traded fund’s stock worth $217,276,000 after buying an additional 4,418,741 shares during the last quarter. Watershed Asset Management L.L.C. acquired a new position in Invesco Solar ETF during the 1st quarter valued at about $2,006,000. Foundations Investment Advisors LLC acquired a new position in Invesco Solar ETF during the 4th quarter valued at about $1,173,000. Maxi Investments CY Ltd purchased a new stake in Invesco Solar ETF in the fourth quarter valued at about $1,127,000. Finally, Bank of America Corp DE raised its stake in Invesco Solar ETF by 9.5% in the first quarter. Bank of America Corp DE now owns 325,356 shares of the exchange traded fund’s stock valued at $18,126,000 after buying an additional 28,203 shares during the last quarter.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA TAN opened at $47.27 on Thursday. The company has a market cap of $1.34 billion, a PE ratio of 18.04 and a beta of 1.40. The business has a 50-day simple moving average of $52.40 and a two-hundred day simple moving average of $56.91. Invesco Solar ETF has a fifty-two week low of $41.00 and a fifty-two week high of $75.60.

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.