J.W. Cole Advisors Inc. Invests $352,000 in Invesco Solar ETF (NYSEARCA:TAN)

J.W. Cole Advisors Inc. acquired a new position in Invesco Solar ETF (NYSEARCA:TAN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,607 shares of the exchange traded fund’s stock, valued at approximately $352,000.

Several other large investors also recently bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Invesco Solar ETF by 73,533.3% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,104,500 shares of the exchange traded fund’s stock valued at $58,926,000 after acquiring an additional 1,103,000 shares during the period. Gemmer Asset Management LLC acquired a new position in shares of Invesco Solar ETF in the 3rd quarter valued at $8,847,000. GenTrust LLC acquired a new position in shares of Invesco Solar ETF in the 4th quarter valued at $5,386,000. Modera Wealth Management LLC acquired a new position in shares of Invesco Solar ETF in the 3rd quarter valued at $2,047,000. Finally, Prudential PLC acquired a new position in shares of Invesco Solar ETF in the 3rd quarter valued at $1,979,000.

Invesco Solar ETF Price Performance

TAN opened at $40.31 on Thursday. The firm has a fifty day moving average price of $43.42 and a 200 day moving average price of $45.32. Invesco Solar ETF has a 1 year low of $39.11 and a 1 year high of $76.82. The stock has a market cap of $1.14 billion, a P/E ratio of 9.26 and a beta of 1.80.

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).