SG Americas Securities LLC Sells 128,497 Shares of Invesco Solar ETF $TAN

SG Americas Securities LLC lowered its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 90.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,205 shares of the exchange traded fund’s stock after selling 128,497 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Invesco Solar ETF worth $620,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in TAN. Allworth Financial LP boosted its stake in Invesco Solar ETF by 133.3% in the 2nd quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 500 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of Invesco Solar ETF by 9.7% in the second quarter. Wealthfront Advisers LLC now owns 8,154 shares of the exchange traded fund’s stock worth $279,000 after buying an additional 722 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in shares of Invesco Solar ETF in the second quarter worth $39,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco Solar ETF during the second quarter worth $44,000. Finally, Global Retirement Partners LLC grew its stake in Invesco Solar ETF by 130.1% during the third 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 in the last quarter.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA TAN opened at $54.02 on Friday. The company has a market cap of $1.21 billion, a P/E ratio of 18.04 and a beta of 1.37. Invesco Solar ETF has a 52-week low of $25.53 and a 52-week high of $54.80. The firm’s fifty day moving average is $49.40 and its two-hundred day moving average is $45.09.

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.