Northwestern Mutual Wealth Management Co. Raises Position in Invesco Solar ETF $TAN

Northwestern Mutual Wealth Management Co. grew its position in Invesco Solar ETF (NYSEARCA:TAN) by 95,252.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,423,380 shares of the exchange traded fund’s stock after purchasing an additional 4,418,741 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.17% of Invesco Solar ETF worth $217,276,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TAN. WHI TRUST Co LLC bought a new stake in shares of Invesco Solar ETF in the fourth quarter worth approximately $121,000. West Tower Group LLC bought a new stake in shares of Invesco Solar ETF in the fourth quarter worth approximately $270,000. Nwam LLC grew its stake in shares of Invesco Solar ETF by 226.2% in the fourth quarter. Nwam LLC now owns 54,899 shares of the exchange traded fund’s stock worth $2,912,000 after acquiring an additional 38,071 shares during the period. Maxi Investments CY Ltd bought a new stake in shares of Invesco Solar ETF in the fourth quarter worth approximately $1,127,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of Invesco Solar ETF by 62.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 553 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 212 shares during the period.

Invesco Solar ETF Stock Up 0.0%

Shares of TAN stock opened at $64.96 on Friday. The company has a 50 day moving average price of $56.83 and a 200-day moving average price of $53.61. Invesco Solar ETF has a 52 week low of $30.57 and a 52 week high of $65.50. The firm has a market capitalization of $1.79 billion, a PE ratio of 18.04 and a beta of 1.29.

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). 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.