First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Reaches New 52-Week High – Here’s What Happened

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $60.94 and last traded at $61.3610, with a volume of 13120 shares traded. The stock had previously closed at $59.81.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The company has a market capitalization of $785.87 million, a P/E ratio of 23.20 and a beta of 1.60. The stock has a fifty day moving average of $50.23 and a 200 day moving average of $48.16.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0068 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.03 annualized dividend and a yield of 0.0%.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several large investors have recently made changes to their positions in the business. Comerica Bank lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 18.7% in the first quarter. Comerica Bank now owns 3,367 shares of the company’s stock valued at $96,000 after acquiring an additional 530 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,063 shares of the company’s stock valued at $1,261,000 after acquiring an additional 9,175 shares in the last quarter. Jane Street Group LLC lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.8% in the first quarter. Jane Street Group LLC now owns 44,725 shares of the company’s stock valued at $1,280,000 after acquiring an additional 2,029 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the first quarter valued at about $230,000. Finally, NewEdge Advisors LLC lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.7% in the second quarter. NewEdge Advisors LLC now owns 19,861 shares of the company’s stock valued at $649,000 after acquiring an additional 1,427 shares in the last quarter.

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. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.