First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.06 and traded as low as $34.97. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $35.57, with a volume of 149,323 shares trading hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Up 3.1 %

The firm has a market capitalization of $649.15 million, a P/E ratio of 16.71 and a beta of 1.49. The business’s 50 day moving average is $34.32 and its two-hundred day moving average is $35.06.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0781 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.88%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 17.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 11,975 shares of the company’s stock worth $415,000 after purchasing an additional 1,737 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 76.5% in the first quarter. Cetera Investment Advisers now owns 123,745 shares of the company’s stock valued at $4,291,000 after buying an additional 53,631 shares during the period. Cetera Advisors LLC lifted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 350.6% in the first quarter. Cetera Advisors LLC now owns 90,155 shares of the company’s stock valued at $3,127,000 after buying an additional 70,149 shares during the period. CX Institutional boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 43.3% during the second quarter. CX Institutional now owns 171,164 shares of the company’s stock valued at $5,821,000 after buying an additional 51,756 shares in the last quarter. Finally, All Season Financial Advisors Inc. acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the second quarter worth about $234,000.

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.