Militia Capital Partners LP Invests $977,000 in Invesco Solar ETF $TAN

Militia Capital Partners LP bought a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,400 shares of the exchange traded fund’s stock, valued at approximately $977,000. Militia Capital Partners LP owned about 0.12% of Invesco Solar ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of Invesco Solar ETF by 133.3% in the second quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 500 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Invesco Solar ETF during the 2nd quarter worth about $39,000. AE Wealth Management LLC grew its stake in Invesco Solar ETF by 257.4% in the 3rd quarter. AE Wealth Management LLC now owns 2,584 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 1,861 shares during the last quarter. Global Retirement Partners LLC raised its holdings in Invesco Solar ETF by 130.1% in the 3rd quarter. Global Retirement Partners LLC now owns 2,752 shares of the exchange traded fund’s stock valued at $120,000 after acquiring an additional 1,556 shares during the period. Finally, Friedenthal Financial acquired a new stake in Invesco Solar ETF during the third quarter worth approximately $154,000.

Invesco Solar ETF Stock Up 2.5%

Shares of NYSEARCA:TAN opened at $56.75 on Tuesday. Invesco Solar ETF has a 12-month low of $25.53 and a 12-month high of $61.03. The business has a 50 day moving average of $55.41 and a 200-day moving average of $49.89. The stock has a market cap of $1.45 billion, a PE ratio of 18.04 and a beta of 1.37.

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). 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.