Invesco Solar ETF $TAN Stock Position Lifted by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 516.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 87,523 shares of the exchange traded fund’s stock after purchasing an additional 73,318 shares during the period. SG Americas Securities LLC owned approximately 0.43% of Invesco Solar ETF worth $4,299,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Citigroup Inc. grew its position in Invesco Solar ETF by 719.1% in the 3rd quarter. Citigroup Inc. now owns 887,670 shares of the exchange traded fund’s stock valued at $38,729,000 after buying an additional 779,301 shares in the last quarter. Trek Financial LLC bought a new stake in shares of Invesco Solar ETF during the 3rd quarter worth about $16,180,000. Millennium Management LLC bought a new stake in shares of Invesco Solar ETF during the 3rd quarter worth about $14,901,000. LMR Partners LLP acquired a new stake in shares of Invesco Solar ETF in the 2nd quarter worth approximately $6,252,000. Finally, Florin Court Capital LLP acquired a new stake in shares of Invesco Solar ETF in the 3rd quarter worth approximately $5,135,000.

Invesco Solar ETF Price Performance

Invesco Solar ETF stock opened at $56.27 on Thursday. Invesco Solar ETF has a 12-month low of $25.53 and a 12-month high of $61.03. The stock has a market capitalization of $1.44 billion, a PE ratio of 18.04 and a beta of 1.37. The firm has a 50 day simple moving average of $56.42 and a 200-day simple moving average of $50.98.

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.