Trust Co. of Vermont Invests $1.38 Million in Invesco Solar ETF $TAN

Trust Co. of Vermont acquired a new position in shares of Invesco Solar ETF (NYSEARCA:TAN) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 23,322 shares of the exchange traded fund’s stock, valued at approximately $1,379,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in Invesco Solar ETF by 72.0% in the first quarter. Goldman Sachs Group Inc. now owns 265,917 shares of the exchange traded fund’s stock valued at $8,100,000 after acquiring an additional 111,322 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco Solar ETF by 350.7% during the second quarter. JPMorgan Chase & Co. now owns 132,780 shares of the exchange traded fund’s stock worth $4,549,000 after purchasing an additional 103,322 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Invesco Solar ETF by 97.2% during the 2nd quarter. Cerity Partners LLC now owns 13,023 shares of the exchange traded fund’s stock valued at $478,000 after purchasing an additional 6,419 shares during the last quarter. LMR Partners LLP purchased a new stake in shares of Invesco Solar ETF during the 2nd quarter valued at $6,252,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of Invesco Solar ETF in the 2nd quarter worth $562,000.

Invesco Solar ETF Price Performance

Shares of TAN stock opened at $49.87 on Wednesday. Invesco Solar ETF has a 1-year low of $39.36 and a 1-year high of $75.60. The stock’s fifty day moving average price is $54.99 and its 200 day moving average price is $57.53. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 18.04 and a beta of 1.40.

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). 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.