Thursday 21 May 2015

Guggenheim Solar ETF To Drop Hanergy When It Resumes Trading

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

The largest exchange traded fund holding solar equities rallied Thursday as its sponsor announced plans to shut out a problematic holding. "MAC Solar, the index provider for Guggenheim Solar (TAN), will drop Hanergy from its index, effective on the close of the date Hanergy resumes trading," Ivy McLemore, a spokesman for Guggenheim Partners, said in a press statement Thursday. Trading in Hanergy was halted Wednesday as questions swirled about the

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