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T. Boone Pickens ETF replaces crude stocks with renewables

T. Boone Pickens ETF replaces crude stocks with renewables

  • TV-G
  • 2019
  • 4mins
Bloomberg's Eric Balchunas and Taylor Riggs break down the Pickens Morningstar Renewable Energy Response ETF (ticker: RENW) with Toby Loftin founder of BP Capital Fund Advisors and TriLine Index Solutions. Recently the firm with has ties to oil tycoon T. Boone Pickens revamped 'RENW'. The fund use to be an oil-focused ETF but now focuses on renewables.