PNC Financial Services Group Inc. Decreases Stock Holdings in Invesco Solar ETF (NYSEARCA:TAN)

PNC Financial Services Group Inc. lessened its stake in Invesco Solar ETF (NYSEARCA:TAN) by 4.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,499 shares of the exchange traded fund’s stock after selling 2,579 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco Solar ETF were worth $1,805,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Invesco Solar ETF by 205.9% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,600,000 shares of the exchange traded fund’s stock worth $112,086,000 after acquiring an additional 1,750,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Invesco Solar ETF in the 4th quarter valued at $44,050,000. National Bank of Canada FI boosted its stake in Invesco Solar ETF by 203.3% during the 3rd quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock worth $19,305,000 after purchasing an additional 300,149 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco Solar ETF during the fourth quarter worth $1,064,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Invesco Solar ETF in the third quarter valued at about $1,033,000.

Invesco Solar ETF Trading Up 0.9 %

TAN opened at $32.39 on Friday. The firm’s 50-day moving average price is $33.77 and its 200 day moving average price is $36.37. Invesco Solar ETF has a twelve month low of $30.61 and a twelve month high of $49.93. The firm has a market capitalization of $769.91 million, a PE ratio of 17.74 and a beta of 1.54.

About Invesco Solar ETF

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).