Citigroup Inc. Lowers Stock Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Citigroup Inc. lowered its stake in Invesco Solar ETF (NYSEARCA:TAN – Get Rating) by 18.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 54,471 shares of the exchange traded fund’s stock after selling 12,160 shares during the quarter. Citigroup Inc.’s holdings in Invesco Solar ETF were worth $3,973,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $26,000. Clear Perspectives Financial Planning LLC lifted its holdings in Invesco Solar ETF by 347.4% during the 3rd quarter. Clear Perspectives Financial Planning LLC now owns 425 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 330 shares during the last quarter. Legend Financial Advisors Inc. bought a new position in Invesco Solar ETF during the 3rd quarter worth approximately $32,000. Concord Wealth Partners bought a new position in Invesco Solar ETF during the 4th quarter worth approximately $47,000. Finally, Kistler Tiffany Companies LLC lifted its holdings in Invesco Solar ETF by 17.4% during the 4th quarter. Kistler Tiffany Companies LLC now owns 1,027 shares of the exchange traded fund’s stock worth $75,000 after buying an additional 152 shares during the last quarter.

Invesco Solar ETF Stock Down 0.9 %

NYSEARCA:TAN opened at $70.11 on Monday. The business’s 50 day moving average is $73.36 and its two-hundred day moving average is $76.38. Invesco Solar ETF has a 52 week low of $62.97 and a 52 week high of $91.12. The company has a market cap of $2.14 billion, a PE ratio of 69.11 and a beta of 1.36.

About Invesco Solar ETF

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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).