Van ECK Associates Corp Invests $153,000 in Invesco Solar ETF (NYSEARCA:TAN)

Van ECK Associates Corp purchased a new position in Invesco Solar ETF (NYSEARCA:TAN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,710 shares of the exchange traded fund’s stock, valued at approximately $153,000.

Several other institutional investors have also recently added to or reduced their stakes in TAN. Envestnet Asset Management Inc. increased its holdings in shares of Invesco Solar ETF by 116.0% in the first quarter. Envestnet Asset Management Inc. now owns 29,098 shares of the exchange traded fund’s stock worth $2,670,000 after purchasing an additional 15,624 shares during the period. Fifth Third Bancorp grew its position in Invesco Solar ETF by 106.9% in the first quarter. Fifth Third Bancorp now owns 1,258 shares of the exchange traded fund’s stock worth $115,000 after acquiring an additional 650 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Invesco Solar ETF by 3,168.1% in the first quarter. BNP Paribas Arbitrage SA now owns 38,106 shares of the exchange traded fund’s stock worth $3,497,000 after acquiring an additional 36,940 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in Invesco Solar ETF by 95.7% in the first quarter. Oppenheimer & Co. Inc. now owns 15,383 shares of the exchange traded fund’s stock worth $1,412,000 after acquiring an additional 7,521 shares in the last quarter. Finally, Level Four Advisory Services LLC purchased a new position in Invesco Solar ETF in the first quarter worth $240,000.

Shares of NYSEARCA:TAN opened at $80.54 on Friday. Invesco Solar ETF has a 52-week low of $55.02 and a 52-week high of $125.98. The firm has a fifty day moving average of $83.95 and a 200 day moving average of $83.86.

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).

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Institutional Ownership by Quarter for Invesco Solar ETF (NYSEARCA:TAN)

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