Solar-company ETFs gain after California requires new homes to have solar panels

Exchange-traded funds that track solar and alternative-energy companies rose on Wednesday, after California approved a requirement for new homes to be built with solar installations starting in 2020. The Guggenheim Solar ETF
TAN, +1.61%
rose 0.9% on volume of about 162,000 shares, well above its 30-day average of 102,000. The PowerShares WilderHill Clean Energy Portfolio
PBW, +0.98%
rose 0.5% while the First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN, +0.97%
was up 0.7%. The VanEck Vectors Global Alternative Energy ETF
GEX, +1.08%
added 1.1% and the iShares Global Clean Energy ETF
ICLN, +0.62%
was up 0.7%. Among the most actively traded solar companies, Sunrun Inc.
RUN, +4.14%
jumped 5.3%, bringing its year-to-date gain to 68%. Canadian Solar
CSIQ, +3.44%
was up 3.5% while First Solar Inc.
FSLR, +3.23%
gained 3.1%. The Dow Jones Industrial Average
DJIA, +0.75%
rose 0.7% on Wednesday while the S&P 500
SPX, +0.97%
was up 0.9% and the Nasdaq Composite Index
COMP, +1.00%
rose 1%.

Quote References TAN +0.40 +1.61% PBW +0.25 +0.98% QCLN +0.19 +0.97% GEX +0.66 +1.08% ICLN +0.06 +0.62% RUN +0.39 +4.14% CSIQ +0.54 +3.44% FSLR +2.17 +3.23% DJIA +182.33 +0.75% SPX +25.87 +0.97% COMP +73.00 +1.00% Show all references
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