Stability expected
The Invesco Solar (TAN) exchange-traded fund (ETF) under-performed the S&P 500 and Dow Jones Industrial Average (DJIA) stock indexes in February 2024 but there are signs that stability could be coming. Jesse Pichel, of Roth Capital Partners, says a targeted sales approach is proving successful in the United States.
The Invesco Solar ETF fell by 1% in February 2024 while the S&P 500 increased by 4% and the DJIA rose by 1%. This was an improvement on the performance in January 2024, when the Invesco Solar ETF experienced a double-digit decline. Year to date, the Invesco Solar ETF had fallen 19% by the end …
Advertisement
Advertisement
Advertisement
Advertisement