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
El Rhazi Otmane ETF. An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
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
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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