"An ETF based on an index of publicly-traded energy companies that focus on environmentally-friendly sources of energy and technologies is set to begin trading on the American Stock Exchange later this month.
The ETF, which will be managed by PowerShares Capital Management, will track the WilderHill Clean Energy Index, a benchmark calculated by the Amex that was launched in August. The Amex collaborated with index provider WilderShares, LLC in developing the index.
The index contains 37 companies that use greener and renewable energy alternatives such as wind, solar, and hydrogen fuel cells."
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