This ETF Could Benefit From The Infrastructure Bill

The Senate has finally passed the highly debated infrastructure bill, which now heads to the House of Representatives.

Despite being smaller than originally conceived, at more than a trillion dollars it's still enormous. This is a lot of money to go around, and some companies will benefit from it.

These include the so-called "Green New Deal" stocks — companies that are in the clean energy industry.

The iShares Global Clean Energy ETF ICLN invests in the stocks of these companies. It seeks to track the investment results of an index that is composed of companies in the solar, wind, and other renewable sources of energy industries.

The ETF could be a good way for investors to gain exposure to the growing clean energy industry.

icln_0.png

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Sector ETFsSpecialty ETFsTrading IdeasETFsclean energyinfrastructure
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!