Global X CleanTech ETF (NASDAQ:CTEC) Trading Up 1.3% – Here’s What Happened

Global X CleanTech ETF (NASDAQ:CTECGet Free Report)’s stock price was up 1.3% during mid-day trading on Friday . The stock traded as high as $58.59 and last traded at $58.53. 1,589 shares changed hands during trading, a decline of 59% from the average session volume of 3,899 shares. The stock had previously closed at $57.80.

Global X CleanTech ETF Price Performance

The firm has a market cap of $25.75 million, a P/E ratio of 15.62 and a beta of 1.55. The company has a fifty day moving average of $57.43 and a 200-day moving average of $62.01.

Global X CleanTech ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given a dividend of $0.0747 per share. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Investors Weigh In On Global X CleanTech ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in shares of Global X CleanTech ETF in the 4th quarter worth approximately $26,000. Western Wealth Management LLC purchased a new stake in shares of Global X CleanTech ETF during the first quarter valued at approximately $83,000. Integrated Wealth Concepts LLC bought a new stake in Global X CleanTech ETF during the second quarter worth $170,000. Raymond James Financial Inc. bought a new stake in Global X CleanTech ETF during the second quarter worth $26,000. Finally, Jane Street Group LLC boosted its position in Global X CleanTech ETF by 39.9% in the fourth quarter. Jane Street Group LLC now owns 8,730 shares of the company’s stock worth $464,000 after purchasing an additional 2,488 shares during the last quarter.

About Global X CleanTech ETF

(Get Free Report)

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.

Further Reading

Receive News & Ratings for Global X CleanTech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X CleanTech ETF and related companies with MarketBeat.com's FREE daily email newsletter.