Wealth High Governance Capital Ltda Sells 163,678 Shares of Invesco Solar ETF $TAN

Wealth High Governance Capital Ltda decreased its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 70.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,165 shares of the exchange traded fund’s stock after selling 163,678 shares during the quarter. Wealth High Governance Capital Ltda owned 0.25% of Invesco Solar ETF worth $3,909,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new position in shares of Invesco Solar ETF during the 4th quarter valued at approximately $25,000. SBI Securities Co. Ltd. grew its stake in Invesco Solar ETF by 62.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 553 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 212 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of Invesco Solar ETF in the fourth quarter worth about $28,000. Assetmark Inc. purchased a new stake in Invesco Solar ETF during the fourth quarter valued at $29,000. Finally, NFSG Corp purchased a new stake in Invesco Solar ETF during the first quarter valued at approximately $56,000.

Invesco Solar ETF Stock Performance

Shares of NYSEARCA:TAN opened at $49.33 on Monday. The firm’s 50-day moving average is $59.05 and its 200 day moving average is $57.66. Invesco Solar ETF has a 12 month low of $35.98 and a 12 month high of $75.60. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 18.04 and a beta of 1.38.

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.