Decker Retirement Planning Inc. Invests $9.74 Million in Invesco Solar ETF $TAN

Decker Retirement Planning Inc. acquired a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) in the first quarter, HoldingsChannel reports. The fund acquired 174,929 shares of the exchange traded fund’s stock, valued at approximately $9,745,000. Invesco Solar ETF accounts for 4.4% of Decker Retirement Planning Inc.’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TAN. Goldman Sachs Group Inc. grew its position in shares of Invesco Solar ETF by 72.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock worth $8,100,000 after buying an additional 111,322 shares during the period. JPMorgan Chase & Co. raised its position in shares of Invesco Solar ETF by 350.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 132,780 shares of the exchange traded fund’s stock valued at $4,549,000 after acquiring an additional 103,322 shares during the period. Cerity Partners LLC boosted its stake in Invesco Solar ETF by 97.2% during the 2nd quarter. Cerity Partners LLC now owns 13,023 shares of the exchange traded fund’s stock worth $478,000 after acquiring an additional 6,419 shares during the last quarter. LMR Partners LLP acquired a new position in Invesco Solar ETF during the second quarter valued at approximately $6,252,000. Finally, Corient Private Wealth LLC acquired a new position in Invesco Solar ETF during the second quarter valued at approximately $562,000.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA:TAN opened at $57.87 on Friday. Invesco Solar ETF has a 52 week low of $33.72 and a 52 week high of $75.60. The company has a market capitalization of $1.59 billion, a PE ratio of 18.04 and a beta of 1.36. The company has a 50 day moving average price of $62.13 and a two-hundred day moving average price of $56.86.

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). 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.