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Solar ETFs Shine After Enphase’s Record Quarterly Results

Enphase Energy Inc. (NasdaqGS: ENPH) shares jumped Wednesday, lifting solar sector-related exchange traded funds, after reporting record quarterly revenue and higher profits. On Wednesday, the Invesco Solar ETF (NYSEArca: TAN) advanced 6.0% and the Global X Solar ETF (RAYS) increased 6.4%, with both solar ETFs trading above their long-term resistance at the 200-day simple moving [...] The post Solar ETFs Shine After Enphase’s Record Quarterly Results appeared first on ETF Trends .
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