Del Sette Capital Management LLC Acquires New Holdings in Invesco Solar ETF $TAN

Del Sette Capital Management LLC acquired a new position in Invesco Solar ETF (NYSEARCA:TAN) in the first quarter, Holdings Channel reports. The fund acquired 14,391 shares of the exchange traded fund’s stock, valued at approximately $802,000.

A number of other hedge funds also recently bought and sold shares of TAN. Fifth Third Bancorp raised its position in shares of Invesco Solar ETF by 702.2% in the 1st quarter. Fifth Third Bancorp now owns 2,535 shares of the exchange traded fund’s stock worth $141,000 after acquiring an additional 2,219 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Invesco Solar ETF by 8.6% during the first quarter. Kestra Advisory Services LLC now owns 10,745 shares of the exchange traded fund’s stock valued at $599,000 after purchasing an additional 852 shares in the last quarter. Meitav Investment House Ltd. bought a new stake in Invesco Solar ETF during the first quarter valued at about $3,888,000. Integrated Advisors Network LLC purchased a new position in Invesco Solar ETF in the first quarter valued at about $210,000. Finally, Private Advisor Group LLC grew its stake in Invesco Solar ETF by 5.6% in the first quarter. Private Advisor Group LLC now owns 99,984 shares of the exchange traded fund’s stock valued at $5,570,000 after purchasing an additional 5,337 shares during the last quarter.

Invesco Solar ETF Stock Performance

Shares of Invesco Solar ETF stock opened at $54.96 on Monday. The company has a market capitalization of $1.61 billion, a PE ratio of 18.04 and a beta of 1.38. The company has a 50-day simple moving average of $62.11 and a two-hundred day simple moving average of $57.48. Invesco Solar ETF has a one year low of $35.98 and a one year high of $75.60.

Invesco Solar ETF Company 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.