The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Utilities Technical Leaders Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the utilities sector that have powerful relative strength or "momentum" characteristics.
IPO Year: n/a
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|
WEC Energy Group, Inc. (NYSE:WEC) shares are trading higher after the company inked a deal to acquire a 90% ownership interest in the Delilah I Solar Energy Center for $459 million. Delilah I is a 300-megawatt project located around 140 miles northeast of Dallas, Texas, and the commercial operation is expected to begin by the end of June. Delilah I is part of the five-phase Samson & Delilah solar portfolio and is one of the largest solar facilities under construction in the U.S. WEC Energy Group owns a majority stake in Samson I, which is a separate phase of the Samson & Delilah project. Gale Klappa, executive chairman, said, “The Delilah Solar project is an exciting addition to