Clal Insurance Enterprises Holdings Ltd Has $67.57 Million Holdings in Invesco Solar ETF (NYSEARCA:TAN)

Clal Insurance Enterprises Holdings Ltd lessened its position in Invesco Solar ETF (NYSEARCA:TAN) by 21.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,040,000 shares of the exchange traded fund’s stock after selling 560,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 8.47% of Invesco Solar ETF worth $67,565,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TAN. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $31,000. Global Retirement Partners LLC boosted its position in shares of 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 valued at $37,000 after buying an additional 365 shares during the last quarter. IFP Advisors Inc boosted its position in shares of 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 valued at $130,000 after buying an additional 492 shares during the last quarter. Sycomore Asset Management purchased a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $215,000. Finally, Perigon Wealth Management LLC purchased a new position in shares of Invesco Solar ETF during the fourth quarter valued at approximately $290,000.

Invesco Solar ETF Stock Down 3.9 %

Shares of NYSEARCA:TAN opened at $32.35 on Friday. The stock has a market cap of $774.14 million, a price-to-earnings ratio of 15.42 and a beta of 1.38. Invesco Solar ETF has a 12-month low of $32.03 and a 12-month high of $49.93. The business’s 50 day moving average is $34.13 and its 200 day moving average is $36.98.

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).