Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by Corbyn Investment Management Inc. MD

Corbyn Investment Management Inc. MD lessened its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 34.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,286 shares of the exchange traded fund’s stock after selling 18,322 shares during the quarter. Corbyn Investment Management Inc. MD’s holdings in Invesco Solar ETF were worth $1,478,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TAN. Mather Group LLC. acquired a new position in Invesco Solar ETF during the 2nd quarter worth approximately $29,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Invesco Solar ETF by 360.7% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,620 shares of the exchange traded fund’s stock worth $236,000 after acquiring an additional 4,400 shares during the period. CreativeOne Wealth LLC purchased a new position in Invesco Solar ETF in the first quarter worth $249,000. Bank Hapoalim BM acquired a new stake in Invesco Solar ETF in the third quarter valued at $255,000. Finally, Scientech Research LLC acquired a new stake in Invesco Solar ETF in the second quarter valued at $262,000.

Invesco Solar ETF Stock Down 3.5 %

NYSEARCA:TAN opened at $34.31 on Monday. The firm’s fifty day simple moving average is $39.32 and its 200-day simple moving average is $41.52. The stock has a market cap of $826.53 million, a PE ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a fifty-two week low of $34.28 and a fifty-two week high of $54.62.

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).