Quadrature Capital Ltd Purchases New Stake in Invesco Solar ETF (NYSEARCA:TAN)

Quadrature Capital Ltd purchased a new stake in Invesco Solar ETF (NYSEARCA:TAN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,691 shares of the exchange traded fund’s stock, valued at approximately $1,756,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CreativeOne Wealth LLC acquired a new stake in Invesco Solar ETF in the first quarter valued at $249,000. SageView Advisory Group LLC bought a new stake in Invesco Solar ETF during the first quarter valued at $949,000. RPG Investment Advisory LLC increased its stake in Invesco Solar ETF by 13.0% during the first quarter. RPG Investment Advisory LLC now owns 5,729 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 660 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in Invesco Solar ETF by 11.8% during the first quarter. Oppenheimer & Co. Inc. now owns 12,248 shares of the exchange traded fund’s stock valued at $556,000 after purchasing an additional 1,291 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Invesco Solar ETF during the first quarter valued at $1,496,000.

Invesco Solar ETF Stock Up 1.4 %

TAN stock traded up $0.61 during trading on Friday, hitting $42.69. 1,281,911 shares of the company’s stock traded hands, compared to its average volume of 1,280,205. Invesco Solar ETF has a 52 week low of $38.68 and a 52 week high of $70.02. The stock has a fifty day moving average price of $43.97 and a two-hundred day moving average price of $43.63. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 9.19 and a beta of 1.81.

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).