32,310 Shares in Invesco Solar ETF $TAN Acquired by Empowered Funds LLC

Empowered Funds LLC bought a new stake in shares of Invesco Solar ETF (NYSEARCA:TAN) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,310 shares of the exchange traded fund’s stock, valued at approximately $1,800,000. Empowered Funds LLC owned 0.12% of Invesco Solar ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hilltop Holdings Inc. purchased a new position in shares of Invesco Solar ETF during the 1st quarter worth $2,558,000. Cetera Investment Advisers increased its stake in shares of Invesco Solar ETF by 14.7% in the 1st quarter. Cetera Investment Advisers now owns 42,946 shares of the exchange traded fund’s stock worth $2,393,000 after purchasing an additional 5,499 shares in the last quarter. NewEdge Wealth LLC purchased a new stake in shares of Invesco Solar ETF in the 1st quarter worth $227,000. Barometer Capital Management Inc. bought a new position in Invesco Solar ETF in the 1st quarter worth $479,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco Solar ETF in the 1st quarter worth $99,186,000.

Invesco Solar ETF Stock Performance

NYSEARCA TAN opened at $51.25 on Friday. The business’s fifty day moving average is $57.64 and its 200 day moving average is $57.66. Invesco Solar ETF has a fifty-two week low of $36.11 and a fifty-two week high of $75.60. The company has a market capitalization of $1.45 billion, a PE ratio of 18.04 and a beta of 1.40.

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.