Today’s ETF On Watch: Guggenheim Solar ETF Dives by -42.33%. Registered $184.34M Aum Because Of Negative Inflows

Today's ETF On Watch: Guggenheim Solar ETF Dives by  42.33%. Registered $184.34M Aum Because Of Negative Inflows

YTD Guggenheim Solar ETF (NYSEARCA:TAN) was a bottom performer after declining -42.33%. The ETF’s weekly performance is 1.09%. The ETF touched $184.34M assets under management. The chart of Guggenheim Solar ETF shows negative long-term setup. The ETF increased 1.19% or $0.21 on November 25, hitting $17.88. Guggenheim Solar ETF (NYSEARCA:TAN) has declined 25.31% since April 25, 2016 and is downtrending. It has underperformed by 31.33% the S&P500.

The ETF’s YTD performance is -37.66%, the 1 year is -34.92% and the 3 year is -18%.

The ETF’s average P/E ratio is 8.82, the price to book is 0.64, the price to sales is 0.53 and the price to cashflow is 1.57. Guggenheim Solar ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: First Solar Inc. for 8.33% of assets, SolarCity Corporation for 6.76%, GCL-POLY ENERGY HL HKD0.1 for 6.68%, Xinyi Solar Holdings Ltd for 6.17%, Trina Solar Limited Sponsored A for 5.90%, Canadian Solar Inc for 5.75%, TerraForm Power Inc. for 4.69%, 8point3 Energy Partners LP – Cl for 4.40%, Atlantica Yield PLC for 4.29%, JinkoSolar Holding Company Limi for 4.05%. The ETF sector weights are: Utilities 30.11%, Technology 69.89%. The ETF currently as 0% yield.

More notable recent Guggenheim Solar ETF (NYSEARCA:TAN) news were published by: Fool.com which released: “The Best Solar ETF in 2016” on May 18, 2016, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: SolarCity, SunPower, Guggenheim Solar ETF …” published on November 11, 2016, Etfdailynews.com published: “Solar ETFs Struggle Amid Weaker Growth, Higher Supply” on September 09, 2016. More interesting news about Guggenheim Solar ETF (NYSEARCA:TAN) were released by: Benzinga.com and their article: “Solar ETF Searches For Sunny Days” published on June 23, 2016 as well as Etfdailynews.com‘s news article titled: “The Best Solar ETF To Buy Now [Guggenheim Solar ETF]” with publication date: March 30, 2015.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment