Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by Money Design Co. Ltd.

Money Design Co. Ltd. trimmed its position in Invesco Solar ETF (NYSEARCA:TAN) by 14.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,000 shares of the exchange traded fund’s stock after selling 6,162 shares during the period. Money Design Co. Ltd. owned approximately 0.16% of Invesco Solar ETF worth $1,278,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC acquired a new stake in shares of Invesco Solar ETF in the fourth quarter valued at $290,000. Union Bancaire Privee UBP SA bought a new stake in Invesco Solar ETF in the fourth quarter worth about $31,000. Cox Capital Mgt LLC acquired a new stake in Invesco Solar ETF in the 4th quarter valued at about $729,000. JPMorgan Chase & Co. grew its stake in shares of Invesco Solar ETF by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,282 shares of the exchange traded fund’s stock worth $1,004,000 after purchasing an additional 8,011 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Invesco Solar ETF in the 3rd quarter worth approximately $1,033,000.

Invesco Solar ETF Price Performance

TAN stock opened at $32.65 on Wednesday. The firm has a market cap of $786.54 million, a PE ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a 12 month low of $32.12 and a 12 month high of $49.93. The firm has a 50 day simple moving average of $34.75 and a 200 day simple moving average of $38.17.

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).