First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

by · The Cerbat Gem

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $43.99 and traded as low as $39.83. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $41.61, with a volume of 112,724 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Up 1.2%

The stock has a fifty day simple moving average of $43.99 and a 200-day simple moving average of $37.60. The company has a market capitalization of $499.32 million, a P/E ratio of 23.20 and a beta of 1.53.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.0323 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.13 annualized dividend and a yield of 0.3%. This is an increase from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.02.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

Several hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. bought a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 2nd quarter valued at $50,000. Global Retirement Partners LLC raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 62.6% in the 3rd quarter. Global Retirement Partners LLC now owns 1,333 shares of the company’s stock valued at $56,000 after purchasing an additional 513 shares during the last quarter. Farther Finance Advisors LLC raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 149.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,084 shares of the company’s stock valued at $68,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 17.0% in the first quarter. Blair William & Co. IL now owns 2,599 shares of the company’s stock worth $74,000 after purchasing an additional 378 shares in the last quarter.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

(Get Free Report)

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S.

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