Nwam LLC Has $2.91 Million Stock Holdings in Invesco Solar ETF $TAN

Nwam LLC boosted its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 226.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 54,899 shares of the exchange traded fund’s stock after buying an additional 38,071 shares during the quarter. Nwam LLC’s holdings in Invesco Solar ETF were worth $2,912,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital Investment Advisors LLC acquired a new position in Invesco Solar ETF during the third quarter worth $491,000. Florin Court Capital LLP acquired a new position in Invesco Solar ETF during the third quarter worth $5,135,000. Citigroup Inc. increased its holdings in Invesco Solar ETF by 719.1% during the third quarter. Citigroup Inc. now owns 887,670 shares of the exchange traded fund’s stock worth $38,729,000 after buying an additional 779,301 shares during the last quarter. Black Swift Group LLC acquired a new position in Invesco Solar ETF during the third quarter worth $3,657,000. Finally, Altfest L J & Co. Inc. acquired a new position in Invesco Solar ETF during the fourth quarter worth $4,100,000.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA:TAN opened at $61.94 on Monday. Invesco Solar ETF has a 52-week low of $30.57 and a 52-week high of $62.11. The company has a market capitalization of $1.71 billion, a P/E ratio of 18.04 and a beta of 1.29. The company has a 50-day simple moving average of $55.98 and a 200 day simple moving average of $52.97.

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.