Albion Financial Group UT Cuts Stock Position in Invesco Solar ETF (NYSEARCA:TAN)

Albion Financial Group UT trimmed its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 38.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,425 shares of the exchange traded fund’s stock after selling 895 shares during the period. Albion Financial Group UT’s holdings in Invesco Solar ETF were worth $47,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Invesco Solar ETF by 205.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,600,000 shares of the exchange traded fund’s stock worth $112,086,000 after purchasing an additional 1,750,000 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of Invesco Solar ETF by 203.3% during the 3rd quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after buying an additional 300,149 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Solar ETF by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 77,298 shares of the exchange traded fund’s stock valued at $3,108,000 after buying an additional 9,397 shares during the period. PFG Investments LLC lifted its position in Invesco Solar ETF by 9.4% during the 3rd quarter. PFG Investments LLC now owns 75,917 shares of the exchange traded fund’s stock worth $3,273,000 after acquiring an additional 6,520 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Invesco Solar ETF by 10.4% in the 2nd quarter. Cetera Investment Advisers now owns 55,678 shares of the exchange traded fund’s stock worth $2,239,000 after acquiring an additional 5,255 shares during the period.

Invesco Solar ETF Stock Down 3.3 %

Shares of NYSEARCA:TAN opened at $32.57 on Thursday. The company has a market capitalization of $784.61 million, a price-to-earnings ratio of 9.19 and a beta of 1.81. The company has a 50 day moving average of $34.87 and a two-hundred day moving average of $38.40. Invesco Solar ETF has a 52-week low of $32.15 and a 52-week high of $49.93.

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).