Wednesday 20 May 2015

Solar ETFs Lose Some Shine As Top Stock Hanergy Stops Trading

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

Is the sun setting on solar ETFs? Guggenheim Solar (TAN) gapped lower in the stock market today, sinking 8% on continued woes for its top holding Hanergy. TAN had soared 39.4% in 2015 as of Tuesday, making it the best-performing sector ETF. "Trading in this specific holding has been halted, and the index provider, MAC Solar, is monitoring developments and reviewing Hanergy's status in the ETF's portfolio," Ivy McLemore, a spokesperson for

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