Florin Court Capital LLP Acquires Shares of 117,700 Invesco Solar ETF $TAN

Florin Court Capital LLP bought a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 117,700 shares of the exchange traded fund’s stock, valued at approximately $5,135,000. Invesco Solar ETF accounts for approximately 4.0% of Florin Court Capital LLP’s portfolio, making the stock its 8th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. Allworth Financial LP lifted its holdings in Invesco Solar ETF by 133.3% during the 2nd quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 500 shares during the last quarter. Johnson Financial Group Inc. bought a new position in shares of Invesco Solar ETF in the second quarter valued at about $39,000. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco Solar ETF during the 2nd quarter worth about $44,000. Global Retirement Partners LLC boosted its holdings in shares of Invesco Solar ETF by 130.1% during the 3rd quarter. Global Retirement Partners LLC now owns 2,752 shares of the exchange traded fund’s stock worth $120,000 after buying an additional 1,556 shares during the period. Finally, Friedenthal Financial bought a new stake in shares of Invesco Solar ETF during the 3rd quarter worth about $154,000.

Invesco Solar ETF Stock Up 1.7%

Invesco Solar ETF stock opened at $56.06 on Wednesday. The company’s 50-day moving average price is $49.80 and its two-hundred day moving average price is $45.54. The stock has a market cap of $1.26 billion, a P/E ratio of 18.04 and a beta of 1.37. Invesco Solar ETF has a twelve month low of $25.53 and a twelve month high of $56.48.

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.