First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $43.34 and traded as high as $46.78. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $46.09, with a volume of 125,901 shares changing hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Down 1.0%

The stock has a 50-day moving average of $43.34 and a 200 day moving average of $36.96. The stock has a market cap of $553.08 million, a PE ratio of 23.20 and a beta of 1.53.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

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

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of QCLN. Twin Peaks Wealth Advisors LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the second quarter valued at approximately $50,000. Steward Partners Investment Advisory LLC increased its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 8.8% during the second quarter. Steward Partners Investment Advisory LLC now owns 12,310 shares of the company’s stock worth $402,000 after acquiring an additional 999 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 35.6% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 6,284 shares of the company’s stock valued at $205,000 after purchasing an additional 1,651 shares during the period. PFG Advisors lifted its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.3% in the 2nd quarter. PFG Advisors now owns 7,643 shares of the company’s stock valued at $250,000 after purchasing an additional 384 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 107.7% during the 2nd quarter. Wealthfront Advisers LLC now owns 35,402 shares of the company’s stock worth $1,157,000 after purchasing an additional 18,359 shares during the period.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

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.