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7 Best Energy Stocks to Buy to Cash in on the Alternative Energy Boom

7 Best Energy Stocks to Buy to Cash in on the Alternative Energy Boom
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FNB launches ESG-focused ETNs options

Direxion Launches New Leveraged Clean Energy ETF KLNE

Direxion Launches New Leveraged Clean Energy ETF ‘KLNE’ On Thursday, Direxion launched its newest leveraged ETF, the  Direxion Daily Global Clean Energy Bull 2x Shares (KLNE). It is a leveraged ETF that seeks to return 200% of its benchmark index, the S&P Global Clean Energy Index, in a single day. The S&P Global Clean Energy Index gives exposure to developed market countries whose economic fortunes are in the global clean energy business. These include companies that are either involved in the production of clean energy or else provide clean energy technology and equipment. As of the end of May, the Index contained 81 companies with a median market cap of $11.2 billion, which were focused in the utilities, industrials, and information technology sectors.

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