LPL Financial LLC Grows Position in Invesco Solar ETF (NYSEARCA:TAN)

LPL Financial LLC increased its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 189,940 shares of the exchange traded fund’s stock after acquiring an additional 3,783 shares during the quarter. LPL Financial LLC’s holdings in Invesco Solar ETF were worth $5,786,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Garde Capital Inc. bought a new stake in Invesco Solar ETF in the 1st quarter worth about $30,000. Proffitt & Goodson Inc. increased its holdings in Invesco Solar ETF by 113.6% in the 1st quarter. Proffitt & Goodson Inc. now owns 1,132 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 602 shares in the last quarter. NBC Securities Inc. increased its holdings in Invesco Solar ETF by 116,000.0% in the 1st quarter. NBC Securities Inc. now owns 1,161 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 1,160 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Invesco Solar ETF in the 1st quarter worth about $49,000. Finally, Olde Wealth Management LLC bought a new stake in Invesco Solar ETF in the 1st quarter worth about $53,000.

Invesco Solar ETF Stock Performance

NYSEARCA TAN opened at $36.88 on Wednesday. The company has a market capitalization of $643.56 million, a price-to-earnings ratio of 18.04 and a beta of 1.36. The stock has a 50-day moving average of $36.21 and a 200 day moving average of $33.27. Invesco Solar ETF has a one year low of $25.53 and a one year high of $43.79.

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).