First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Share Price Passes Below 50 Day Moving Average – What’s Next?

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $32.85 and traded as low as $28.47. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $28.75, with a volume of 79,353 shares trading hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Down 1.6 %

The company’s 50-day simple moving average is $32.85 and its 200 day simple moving average is $34.00. The stock has a market cap of $444.19 million, a P/E ratio of 21.65 and a beta of 1.49.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

A number of hedge funds have recently bought and sold shares of the business. LMR Partners LLP bought a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter worth $1,005,000. Moors & Cabot Inc. raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.5% in the third quarter. Moors & Cabot Inc. now owns 8,093 shares of the company’s stock worth $291,000 after acquiring an additional 348 shares during the period. Nwam LLC purchased a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter valued at about $496,000. Flow Traders U.S. LLC grew its position 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 acquiring an additional 20,926 shares during the period. Finally, Benjamin Edwards Inc. bought a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter valued at approximately $221,000.

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.