Activest Wealth Management Decreases Stock Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Activest Wealth Management lowered its stake in shares of Invesco Solar ETF (NYSEARCA:TANGet Rating) by 77.5% during the second quarter, Holdings Channel reports. The institutional investor owned 364 shares of the exchange traded fund’s stock after selling 1,254 shares during the period. Activest Wealth Management’s holdings in Invesco Solar ETF were worth $26,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its holdings in shares of Invesco Solar ETF by 2,411.1% in the second quarter. Financial Management Professionals Inc. now owns 452 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 434 shares in the last quarter. Prospera Financial Services Inc purchased a new stake in shares of Invesco Solar ETF in the first quarter valued at about $46,000. Trustcore Financial Services LLC lifted its holdings in shares of Invesco Solar ETF by 35.8% in the first quarter. Trustcore Financial Services LLC now owns 763 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 201 shares in the last quarter. Cornerstone Advisory LLC purchased a new stake in shares of Invesco Solar ETF in the fourth quarter valued at about $60,000. Finally, Covington Capital Management lifted its holdings in shares of Invesco Solar ETF by 142.9% in the second quarter. Covington Capital Management now owns 850 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 500 shares in the last quarter.

Invesco Solar ETF Stock Down 4.4 %

Shares of NYSEARCA TAN traded down $3.45 on Friday, hitting $75.02. The company’s stock had a trading volume of 136,604 shares, compared to its average volume of 1,377,863. Invesco Solar ETF has a 12-month low of $55.54 and a 12-month high of $101.58. The stock has a 50 day moving average of $82.85 and a 200-day moving average of $75.04.

Invesco Solar ETF Company Profile

(Get Rating)

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).

Further Reading

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Institutional Ownership by Quarter for Invesco Solar ETF (NYSEARCA:TAN)

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