Wealth High Governance Capital Ltda Invests $17.99 Million in Invesco Solar ETF $TAN

Wealth High Governance Capital Ltda purchased a new position in Invesco Solar ETF (NYSEARCA:TAN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 366,157 shares of the exchange traded fund’s stock, valued at approximately $17,986,000. Invesco Solar ETF accounts for approximately 3.4% of Wealth High Governance Capital Ltda’s portfolio, making the stock its 8th largest position. Wealth High Governance Capital Ltda owned approximately 1.56% of Invesco Solar ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Assetmark Inc. purchased a new stake in shares of Invesco Solar ETF in the fourth quarter worth $29,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco Solar ETF in the fourth quarter worth $35,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco Solar ETF in the fourth quarter worth $94,000. Y.D. More Investments Ltd raised its position in shares of Invesco Solar ETF by 616.7% in the fourth quarter. Y.D. More Investments Ltd now owns 2,150 shares of the exchange traded fund’s stock worth $106,000 after buying an additional 1,850 shares in the last quarter. Finally, Comerica Bank raised its position in shares of Invesco Solar ETF by 77.5% in the fourth quarter. Comerica Bank now owns 2,222 shares of the exchange traded fund’s stock worth $109,000 after buying an additional 970 shares in the last quarter.

Invesco Solar ETF Stock Performance

Shares of TAN stock opened at $56.12 on Thursday. Invesco Solar ETF has a 52-week low of $27.82 and a 52-week high of $61.03. The company has a market capitalization of $1.51 billion, a PE ratio of 18.04 and a beta of 1.29. The business’s fifty day moving average is $55.97 and its 200 day moving average is $52.58.

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). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers.