Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lowered its position in Invesco Solar ETF (NYSEARCA:TAN – Get Rating) by 56.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,589 shares of the exchange traded fund’s stock after selling 64,533 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Solar ETF were worth $3,690,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in Invesco Solar ETF by 126.9% in the third quarter. Jane Street Group LLC now owns 255,068 shares of the exchange traded fund’s stock valued at $18,776,000 after buying an additional 142,672 shares in the last quarter. Millennium Management LLC purchased a new position in Invesco Solar ETF in the second quarter valued at about $15,781,000. UBS Group AG increased its holdings in Invesco Solar ETF by 22.8% in the third quarter. UBS Group AG now owns 195,633 shares of the exchange traded fund’s stock valued at $14,401,000 after buying an additional 36,362 shares in the last quarter. Royal Bank of Canada increased its holdings in Invesco Solar ETF by 29.9% in the third quarter. Royal Bank of Canada now owns 184,917 shares of the exchange traded fund’s stock valued at $13,611,000 after buying an additional 42,529 shares in the last quarter. Finally, Noked Israel Ltd purchased a new position in Invesco Solar ETF in the third quarter valued at about $13,363,000.

Invesco Solar ETF Trading Down 0.9 %

Shares of Invesco Solar ETF stock opened at $70.11 on Friday. Invesco Solar ETF has a 12-month low of $62.97 and a 12-month high of $91.12. The stock has a market cap of $2.14 billion, a PE ratio of 69.11 and a beta of 1.36. The company has a 50-day moving average of $73.36 and a two-hundred day moving average of $76.34.

Invesco Solar ETF Company Profile

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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).