Y Intercept Hong Kong Ltd Invests $1.03 Million in Invesco Solar ETF (NYSEARCA:TAN)

Y Intercept Hong Kong Ltd bought a new stake in shares of Invesco Solar ETF (NYSEARCA:TAN) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 23,963 shares of the exchange traded fund’s stock, valued at approximately $1,033,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Private Advisor Group LLC lifted its stake in Invesco Solar ETF by 2.2% in the third quarter. Private Advisor Group LLC now owns 15,329 shares of the exchange traded fund’s stock worth $661,000 after purchasing an additional 333 shares during the last quarter. Wedbush Securities Inc. lifted its stake in shares of Invesco Solar ETF by 8.6% during the 2nd quarter. Wedbush Securities Inc. now owns 9,322 shares of the exchange traded fund’s stock worth $375,000 after acquiring an additional 739 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in Invesco Solar ETF by 8.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 17,222 shares of the exchange traded fund’s stock valued at $742,000 after acquiring an additional 1,334 shares during the period. Oppenheimer & Co. Inc. grew its position in Invesco Solar ETF by 20.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 11,084 shares of the exchange traded fund’s stock valued at $478,000 after acquiring an additional 1,868 shares during the last quarter. Finally, PFG Investments LLC increased its stake in Invesco Solar ETF by 3.6% in the second quarter. PFG Investments LLC now owns 69,397 shares of the exchange traded fund’s stock worth $2,790,000 after purchasing an additional 2,430 shares during the period.

Invesco Solar ETF Trading Down 1.9 %

NYSEARCA:TAN opened at $34.89 on Friday. The company has a market cap of $840.50 million, a price-to-earnings ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a twelve month low of $33.79 and a twelve month high of $54.62. The stock has a fifty day simple moving average of $37.41 and a 200-day simple moving average of $40.57.

Invesco Solar ETF Company 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).