Van Eck’s new exchange traded fund (ETF) has an environmental twist. Global Market Vector’s Environmental Services (EVX) is made up of two dozen companies in waste management, recycling, environmental management, and consulting fields. It’s two largest holdings are Waste Management (WMI) and Republic Services (RSG), which are involved in waste and garbage collection, reports Christina Wise. Waste Management shows positive momentum, is above it’s 200-day average, which might indicat that this new ETF is worth collecting.
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