Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by Corbyn Investment Management Inc. MD

Corbyn Investment Management Inc. MD cut its holdings in shares of Invesco Solar ETF (NYSEARCA:TAN) by 9.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,608 shares of the exchange traded fund’s stock after selling 5,392 shares during the quarter. Corbyn Investment Management Inc. MD owned 0.22% of Invesco Solar ETF worth $2,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mather Group LLC. acquired a new stake in shares of Invesco Solar ETF in the second quarter valued at about $29,000. Garde Capital Inc. purchased a new stake in Invesco Solar ETF during the fourth quarter worth approximately $101,000. FinTrust Capital Advisors LLC grew its stake in Invesco Solar ETF by 77.3% during the first quarter. FinTrust Capital Advisors LLC now owns 2,128 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 928 shares during the period. Principal Securities Inc. acquired a new position in shares of Invesco Solar ETF during the fourth quarter worth $131,000. Finally, Sycomore Asset Management lifted its position in shares of Invesco Solar ETF by 71.4% during the first quarter. Sycomore Asset Management now owns 3,600 shares of the exchange traded fund’s stock worth $165,000 after purchasing an additional 1,500 shares in the last quarter.

Invesco Solar ETF Price Performance

TAN opened at $38.97 on Friday. The stock has a market capitalization of $938.79 million, a PE ratio of 9.19 and a beta of 1.81. The firm’s fifty day moving average price is $40.96 and its 200 day moving average price is $42.78. Invesco Solar ETF has a 12-month low of $37.42 and a 12-month high of $57.22.

Invesco Solar ETF 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).