Flaharty Asset Management LLC Sells 740 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Flaharty Asset Management LLC reduced its stake in Invesco Solar ETF (NYSEARCA:TAN) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,711 shares of the exchange traded fund’s stock after selling 740 shares during the period. Flaharty Asset Management LLC owned 0.05% of Invesco Solar ETF worth $785,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Raab & Moskowitz Asset Management LLC bought a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $236,000. Simplex Trading LLC increased its stake in shares of Invesco Solar ETF by 219.5% during the fourth quarter. Simplex Trading LLC now owns 89,043 shares of the exchange traded fund’s stock valued at $4,750,000 after purchasing an additional 61,177 shares in the last quarter. Sycomore Asset Management bought a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $113,000. Greenwich Wealth Management LLC increased its stake in shares of Invesco Solar ETF by 0.7% during the fourth quarter. Greenwich Wealth Management LLC now owns 38,157 shares of the exchange traded fund’s stock valued at $2,036,000 after purchasing an additional 256 shares in the last quarter. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $352,000.

Invesco Solar ETF Stock Up 1.7 %

Shares of NYSEARCA TAN traded up $0.70 on Monday, reaching $41.47. 142,156 shares of the company’s stock traded hands, compared to its average volume of 1,285,769. Invesco Solar ETF has a 12 month low of $38.83 and a 12 month high of $74.71. The business’s 50 day simple moving average is $43.14 and its two-hundred day simple moving average is $45.17. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 9.26 and a beta of 1.80.

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).