Maxi Investments CY Ltd Takes Position in Invesco Solar ETF $TAN

Maxi Investments CY Ltd purchased a new position in Invesco Solar ETF (NYSEARCA:TAN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,950 shares of the exchange traded fund’s stock, valued at approximately $1,127,000.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. increased its holdings in shares of Invesco Solar ETF by 62.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 553 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 212 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Solar ETF by 6.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 4,639 shares of the exchange traded fund’s stock valued at $202,000 after purchasing an additional 298 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Invesco Solar ETF by 3.9% in the third quarter. Integrated Wealth Concepts LLC now owns 8,079 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 303 shares during the last quarter. Verity Asset Management Inc. lifted its stake in shares of Invesco Solar ETF by 2.6% in the third quarter. Verity Asset Management Inc. now owns 15,167 shares of the exchange traded fund’s stock worth $662,000 after buying an additional 380 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. grew its holdings in shares of Invesco Solar ETF by 5.9% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,046 shares of the exchange traded fund’s stock valued at $395,000 after buying an additional 445 shares during the last quarter.

Invesco Solar ETF Trading Down 1.2%

Invesco Solar ETF stock opened at $59.76 on Friday. Invesco Solar ETF has a 12 month low of $29.75 and a 12 month high of $62.01. The stock has a fifty day simple moving average of $55.98 and a two-hundred day simple moving average of $52.97. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 18.04 and a beta of 1.29.

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.