Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets trimmed its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 3.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 75,546 shares of the exchange traded fund’s stock after selling 2,782 shares during the quarter. BNP Paribas Financial Markets owned 0.31% of Invesco Solar ETF worth $3,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC purchased a new position in shares of Invesco Solar ETF during the 2nd quarter worth $713,000. Foundations Investment Advisors LLC acquired a new stake in shares of Invesco Solar ETF in the second quarter valued at $786,000. Private Advisor Group LLC raised its holdings in shares of Invesco Solar ETF by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 15,329 shares of the exchange traded fund’s stock valued at $661,000 after buying an additional 333 shares during the period. Scientech Research LLC acquired a new position in Invesco Solar ETF during the 2nd quarter worth about $262,000. Finally, SG Americas Securities LLC boosted its holdings in Invesco Solar ETF by 217.7% during the 2nd quarter. SG Americas Securities LLC now owns 104,774 shares of the exchange traded fund’s stock valued at $4,213,000 after acquiring an additional 71,800 shares during the period.

Invesco Solar ETF Price Performance

TAN stock opened at $35.44 on Friday. Invesco Solar ETF has a 1 year low of $33.79 and a 1 year high of $54.62. The business’s 50-day moving average is $37.97 and its two-hundred day moving average is $40.85. The firm has a market capitalization of $853.75 million, a P/E 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).