First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $35.00 and traded as low as $32.21. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $32.70, with a volume of 150,744 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The firm has a market capitalization of $505.22 million, a price-to-earnings ratio of 16.71 and a beta of 1.49. The business has a 50 day simple moving average of $35.00 and a 200-day simple moving average of $34.61.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0399 per share. The ex-dividend date was Friday, December 13th.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth approximately $288,000. Jane Street Group LLC purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter valued at $776,000. Pine Valley Investments Ltd Liability Co acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund in the 3rd quarter worth about $417,000. Benjamin Edwards Inc. purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the 3rd quarter worth about $221,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 308.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 27,700 shares of the company’s stock valued at $995,000 after buying an additional 20,926 shares during the period.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

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.