Hilltop Holdings Inc. Takes $2.56 Million Position in Invesco Solar ETF $TAN

Hilltop Holdings Inc. bought a new stake in shares of Invesco Solar ETF (NYSEARCA:TAN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,925 shares of the exchange traded fund’s stock, valued at approximately $2,558,000. Hilltop Holdings Inc. owned approximately 0.17% of Invesco Solar ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted 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 buying an additional 111,322 shares during the period. JPMorgan Chase & Co. grew its position in shares of Invesco Solar ETF by 350.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 132,780 shares of the exchange traded fund’s stock worth $4,549,000 after buying an additional 103,322 shares during the period. Cerity Partners LLC grew its position 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 worth $478,000 after buying an additional 6,419 shares during the period. LMR Partners LLP acquired a new stake in shares of Invesco Solar ETF during the 2nd quarter worth approximately $6,252,000. Finally, Corient Private Wealth LLC bought a new stake in shares of Invesco Solar ETF in the 2nd quarter valued at $562,000.

Invesco Solar ETF Stock Down 3.0%

Invesco Solar ETF stock opened at $51.28 on Friday. Invesco Solar ETF has a 12-month low of $35.98 and a 12-month high of $75.60. The firm’s fifty day moving average is $60.44 and its 200 day moving average is $57.67. The company has a market capitalization of $1.47 billion, a PE ratio of 18.04 and a beta of 1.38.

Invesco Solar ETF Company Profile

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.