Congress Wealth Management LLC DE Sells 8,636 Shares of Invesco Solar ETF (NYSEARCA:TAN)

Congress Wealth Management LLC DE decreased its position in shares of Invesco Solar ETF (NYSEARCA:TAN) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,919 shares of the exchange traded fund’s stock after selling 8,636 shares during the quarter. Congress Wealth Management LLC DE owned 0.50% of Invesco Solar ETF worth $4,005,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Invesco Solar ETF in the 4th quarter valued at approximately $44,050,000. National Bank of Canada FI raised its position in Invesco Solar ETF by 203.3% during the third quarter. National Bank of Canada FI now owns 447,803 shares of the exchange traded fund’s stock valued at $19,305,000 after purchasing an additional 300,149 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Invesco Solar ETF during the fourth quarter valued at approximately $1,064,000. Y Intercept Hong Kong Ltd bought a new stake in Invesco Solar ETF during the third quarter worth $1,033,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Invesco Solar ETF in the 3rd quarter valued at $969,000.

Invesco Solar ETF Stock Performance

Invesco Solar ETF stock opened at $32.13 on Wednesday. Invesco Solar ETF has a 52 week low of $30.62 and a 52 week high of $49.93. The stock has a market capitalization of $763.73 million, a P/E ratio of 17.74 and a beta of 1.54. The stock has a fifty day moving average of $33.44 and a 200-day moving average of $35.95.

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).