Truist Financial Corp Decreases Stock Position in Invesco Solar ETF (NYSEARCA:TAN)

Truist Financial Corp decreased its stake in shares of Invesco Solar ETF (NYSEARCA:TAN) by 8.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,943 shares of the exchange traded fund’s stock after selling 2,056 shares during the quarter. Truist Financial Corp’s holdings in Invesco Solar ETF were worth $923,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TAN. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco Solar ETF during the 4th quarter worth approximately $290,000. PNC Financial Services Group Inc. lifted its position in Invesco Solar ETF by 0.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 61,502 shares of the exchange traded fund’s stock valued at $3,281,000 after acquiring an additional 502 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Invesco Solar ETF by 58.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,600 shares of the exchange traded fund’s stock valued at $1,706,000 after acquiring an additional 13,900 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Invesco Solar ETF by 12.6% during the first quarter. BNP Paribas Financial Markets now owns 94,903 shares of the exchange traded fund’s stock worth $4,306,000 after purchasing an additional 10,641 shares during the last quarter. Finally, Family Firm Inc. increased its position in shares of Invesco Solar ETF by 8.2% during the first quarter. Family Firm Inc. now owns 15,621 shares of the exchange traded fund’s stock worth $709,000 after purchasing an additional 1,189 shares in the last quarter.

Invesco Solar ETF Stock Down 1.1 %

Shares of NYSEARCA TAN opened at $38.88 on Tuesday. The stock has a market cap of $936.62 million, a PE ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a 52-week low of $37.33 and a 52-week high of $54.62. The business has a 50-day moving average price of $40.71 and a 200 day moving average price of $42.26.

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).