SoFi Begins Managing Ninepoint North American Energy Independence ETF
1 report, 1 independent
Updated Thu 00:00
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What happened
SoFi has begun managing the Ninepoint North American Energy Independence ETF. The ETF tracks an equal-weighted index of global companies that enable distributed energy generation. On Thursday, the ETF traded up $0.06, reaching $19.62, while its short interest was reported at 0.0% as of September 30th.
From dailypolitical.com
Why it matters
The ETF is based on the iClima Distributed Renewable Energy index, which tracks companies involved in distributed energy generation. SoFi's management of the fund increases its involvement in the renewable energy investment sector.
From dailypolitical.com
Who's involved
- SoFiIs now managing the Ninepoint North American Energy Independence ETF