CLS Investments LLC Trims Stake in Invesco Solar ETF (TAN)

CLS Investments LLC lessened its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 14.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,093 shares of the exchange traded fund’s stock after selling 38,000 shares during the quarter. CLS Investments LLC owned about 1.69% of Invesco Solar ETF worth $4,648,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of TAN. IFP Advisors Inc increased its stake in shares of Invesco Solar ETF by 22.2% during the second quarter. IFP Advisors Inc now owns 28,415 shares of the exchange traded fund’s stock worth $656,000 after buying an additional 5,155 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco Solar ETF during the second quarter worth approximately $757,000. Ledyard National Bank increased its stake in shares of Invesco Solar ETF by 19.5% during the third quarter. Ledyard National Bank now owns 27,986 shares of the exchange traded fund’s stock worth $580,000 after buying an additional 4,568 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Invesco Solar ETF by 100.3% during the third quarter. PNC Financial Services Group Inc. now owns 92,802 shares of the exchange traded fund’s stock worth $1,925,000 after buying an additional 46,477 shares during the period.

TAN stock opened at $21.05 on Friday. Invesco Solar ETF has a fifty-two week low of $17.47 and a fifty-two week high of $27.07.

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About Invesco Solar ETF

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).

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Institutional Ownership by Quarter for Invesco Solar ETF (NYSEARCA:TAN)

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