Vontobel Holding Ltd. Has $575,000 Position in Invesco Solar ETF $TAN

Vontobel Holding Ltd. reduced its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 56.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,775 shares of the exchange traded fund’s stock after selling 21,318 shares during the period. Vontobel Holding Ltd.’s holdings in Invesco Solar ETF were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new stake in Invesco Solar ETF during the 2nd quarter worth approximately $44,000. Perigon Wealth Management LLC increased its stake in Invesco Solar ETF by 23.9% during the 2nd quarter. Perigon Wealth Management LLC now owns 11,406 shares of the exchange traded fund’s stock worth $391,000 after acquiring an additional 2,200 shares during the period. Goldman Sachs Group Inc. increased its stake in Invesco Solar ETF by 72.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock worth $8,100,000 after acquiring an additional 111,322 shares during the period. DRW Securities LLC bought a new position in Invesco Solar ETF during the 1st quarter worth $430,000. Finally, CW Advisors LLC increased its stake in Invesco Solar ETF by 6.2% during the 1st quarter. CW Advisors LLC now owns 128,384 shares of the exchange traded fund’s stock worth $3,911,000 after acquiring an additional 7,465 shares during the period.

Invesco Solar ETF Price Performance

Invesco Solar ETF stock opened at $46.32 on Tuesday. The stock’s fifty day moving average price is $41.98 and its two-hundred day moving average price is $36.20. Invesco Solar ETF has a one year low of $25.53 and a one year high of $48.56. The firm has a market cap of $874.98 million, a PE ratio of 18.04 and a beta of 1.36.

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).