SG Americas Securities LLC Sells 83,233 Shares of Invesco Solar ETF $TAN

SG Americas Securities LLC lessened its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 95.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,290 shares of the exchange traded fund’s stock after selling 83,233 shares during the quarter. SG Americas Securities LLC’s holdings in Invesco Solar ETF were worth $239,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TAN. CIBC Private Wealth Group LLC acquired a new position in Invesco Solar ETF during the 4th quarter valued at about $25,000. SBI Securities Co. Ltd. boosted its holdings in Invesco Solar ETF by 62.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 553 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 212 shares in the last quarter. Parallel Advisors LLC acquired a new stake in Invesco Solar ETF in the fourth quarter worth about $28,000. Assetmark Inc. purchased a new stake in shares of Invesco Solar ETF during the fourth quarter worth about $29,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco Solar ETF during the fourth quarter worth about $35,000.

Invesco Solar ETF Stock Up 0.0%

TAN opened at $54.96 on Friday. The company has a market cap of $1.61 billion, a P/E ratio of 18.04 and a beta of 1.38. The firm’s 50-day moving average price is $62.11 and its 200-day moving average price is $57.44. Invesco Solar ETF has a 52-week low of $35.98 and a 52-week high of $75.60.

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.