Invesco Solar ETF (NYSEARCA:TAN) Stock Position Lifted by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 203.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 447,803 shares of the exchange traded fund’s stock after buying an additional 300,149 shares during the period. National Bank of Canada FI’s holdings in Invesco Solar ETF were worth $19,305,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its position in Invesco Solar ETF by 360.7% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,620 shares of the exchange traded fund’s stock valued at $236,000 after purchasing an additional 4,400 shares during the last quarter. Bank Hapoalim BM bought a new stake in shares of Invesco Solar ETF in the third quarter valued at about $255,000. Scientech Research LLC acquired a new position in shares of Invesco Solar ETF during the 2nd quarter worth about $262,000. Northstar Advisory Group LLC acquired a new position in shares of Invesco Solar ETF during the 2nd quarter worth about $361,000. Finally, Wedbush Securities Inc. lifted its stake in shares of Invesco Solar ETF by 8.6% during the 2nd quarter. Wedbush Securities Inc. now owns 9,322 shares of the exchange traded fund’s stock worth $375,000 after buying an additional 739 shares during the last quarter.

Invesco Solar ETF Stock Up 4.2 %

NYSEARCA TAN opened at $36.79 on Tuesday. The company has a market capitalization of $886.27 million, a P/E ratio of 9.19 and a beta of 1.81. The firm has a 50-day moving average price of $37.69 and a two-hundred day moving average price of $40.69. Invesco Solar ETF has a 12-month low of $33.79 and a 12-month high of $54.62.

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).