Gemmer Asset Management 13F: Exits Invesco Solar ETF (TAN) Stake

Gemmer Asset Management sold out of its position in the Invesco Solar ETF (TAN), cutting 14,300 shares in a filing on October 16, 2026. The fund's entire stake was eliminated, leaving it with zero shares of this solar energy investment fund. At the time of the filing, the ETF had recently traded around $41.91.

What Changed in Gemmer Asset Management's Invesco Solar ETF Position

Gemmer Asset Management exited its position completely, selling all 14,300 shares in the Invesco Solar ETF. This move reflects a 100% decrease in its holdings, showing that the fund no longer has a stake in the solar energy sector ETF.

Invesco Solar ETF Stock Down 2.0%

The Invesco Solar ETF is currently trading around $41.91, which is significantly below its 50-day moving average of about $47.03 and its 200-day moving average of approximately $54.61. The ETF has also seen a notable decline in recent months, trading roughly 44.6% below its 52-week high of $75.60.

Dividend

The Invesco Solar ETF does not pay a dividend, as its dividend yield is reported at 0.0%.

About Invesco Solar ETF

The Invesco Solar ETF aims to invest at least 90% of its total assets in securities that comprise its underlying index, which tracks companies in the global solar energy sector. This fund is non-diversified, focusing specifically on the solar industry.

Bottom Line

With Gemmer Asset Management completely exiting its position in the Invesco Solar ETF, it will be interesting to see if other institutional investors make similar moves. The ETF's performance has declined significantly, trading below both its moving averages and its 52-week high. Keep an eye on future filings and developments surrounding this fund as they might influence its market position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.