Alternative Energy Etf

Alternative Energy Etf Biography
Alternative Energy ETFs Mixed Ahead of Election
In his nearly four years in office, President Obama has been a strong supporter of alternative energy. Whether it has been solar, wind or related far, the Obama Administration has looked to foster job growth and reduce U.S. dependence on foreign fuel sources by bolstering this countrys alternative energy industry.
The results are up for debate and with less than 24 hours until Election Day, the results probably are not the issue. The issue for investors is the performance of alternative energy stocks and ETFs leading up to and immediately following the election. Simply put, some traders might be betting that alternative energy ETFs are credible Obama reelection plays.
What happens with these funds after Tuesday will obviously be more telling, but on Monday, the price action is mixed. Shares of First Solar (FLSR), the largest U.S.-based solar company, are up more than three percent today. However, the First Solars surge is somewhat muted at the ETF level.
The Market Vectors Solar Energy ETF (KWT), which allocates 12.5 percent of its weight to First Solar, is higher by just 0.16 percent in midday trading. The Guggenheim Solar ETF (TAN), the larger of the two solar funds, devotes 7.7 percent of its weight to First Solar and is up about 1.1 percent. To this point in the trading day, volume is thin in both funds.
Neither KWT nor TAN have performed well since President Obama took office. Since late January 2009, TAN is off almost 79 percent while KWT is down nearly 84 percent. Both ETFs enginereed reverse splits earlier this year to artificially inflate their share prices.

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf

Alternative Energy Etf