Prudential PLC Reduces Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Prudential PLC lowered its stake in shares of Invesco Solar ETF (NYSEARCA:TANGet Rating) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,320 shares of the exchange traded fund’s stock after selling 3,930 shares during the quarter. Prudential PLC owned approximately 0.07% of Invesco Solar ETF worth $1,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC boosted its holdings in shares of Invesco Solar ETF by 41.7% during the third quarter. Stonebridge Capital Advisors LLC now owns 374 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 110 shares during the period. Activest Wealth Management increased its stake in Invesco Solar ETF by 17.7% in the 4th quarter. Activest Wealth Management now owns 1,368 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 206 shares in the last quarter. Larson Financial Group LLC increased its stake in Invesco Solar ETF by 43.3% in the 4th quarter. Larson Financial Group LLC now owns 741 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 224 shares in the last quarter. Mariner LLC grew its stake in Invesco Solar ETF by 1.7% during the 3rd quarter. Mariner LLC now owns 14,244 shares of the exchange traded fund’s stock valued at $1,139,000 after acquiring an additional 234 shares in the last quarter. Finally, Stamos Capital Partners L.P. grew its stake in Invesco Solar ETF by 3.9% during the 3rd quarter. Stamos Capital Partners L.P. now owns 6,470 shares of the exchange traded fund’s stock valued at $517,000 after acquiring an additional 240 shares in the last quarter.

TAN opened at $66.72 on Friday. The business has a 50 day moving average price of $69.93 and a 200 day moving average price of $74.44. Invesco Solar ETF has a twelve month low of $55.54 and a twelve month high of $101.58.

Invesco Solar ETF Profile (Get Rating)

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).

Further Reading

Institutional Ownership by Quarter for Invesco Solar ETF (NYSEARCA:TAN)

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