Black Swift Group LLC Has $2.32 Million Holdings in Invesco Solar ETF $TAN

Black Swift Group LLC cut its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 43.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,239 shares of the exchange traded fund’s stock after selling 36,581 shares during the quarter. Black Swift Group LLC’s holdings in Invesco Solar ETF were worth $2,320,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TAN. SBI Securities Co. Ltd. increased its position in shares of 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 worth $27,000 after buying an additional 212 shares during the period. Assetmark Inc. acquired a new stake in shares of Invesco Solar ETF during the fourth quarter worth $29,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Invesco Solar ETF during the fourth quarter worth $35,000. AlphaCore Capital LLC acquired a new stake in Invesco Solar ETF in the fourth quarter worth $70,000. Finally, Operose Advisors LLC acquired a new stake in Invesco Solar ETF in the fourth quarter worth $88,000.

Invesco Solar ETF Stock Performance

NYSEARCA:TAN opened at $73.93 on Monday. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.04 and a beta of 1.29. The firm has a fifty day simple moving average of $59.14 and a two-hundred day simple moving average of $54.86. Invesco Solar ETF has a 12 month low of $31.40 and a 12 month high of $75.60.

Invesco Solar ETF 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.