Sava Infond d.o.o. Takes $132,000 Position in Invesco Solar ETF (NYSEARCA:TAN)

Sava Infond d.o.o. acquired a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,000 shares of the exchange traded fund’s stock, valued at approximately $132,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Union Bancaire Privee UBP SA acquired a new position in shares of Invesco Solar ETF during the fourth quarter worth approximately $31,000. Global Retirement Partners LLC increased its position in Invesco Solar ETF by 48.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,117 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 365 shares during the period. IFP Advisors Inc increased its position in Invesco Solar ETF by 14.4% during the fourth quarter. IFP Advisors Inc now owns 3,920 shares of the exchange traded fund’s stock worth $130,000 after acquiring an additional 492 shares during the period. Sycomore Asset Management acquired a new position in Invesco Solar ETF during the 4th quarter valued at $215,000. Finally, Perigon Wealth Management LLC bought a new stake in Invesco Solar ETF in the 4th quarter valued at $290,000.

Invesco Solar ETF Price Performance

NYSEARCA TAN opened at $31.27 on Friday. The company’s fifty day moving average is $33.31 and its two-hundred day moving average is $35.89. Invesco Solar ETF has a 52-week low of $30.62 and a 52-week high of $49.93. The firm has a market capitalization of $743.29 million, a price-to-earnings ratio of 17.74 and a beta of 1.54.

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).