First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Short Interest Update

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 33,000 shares, a growth of 11.9% from the August 15th total of 29,500 shares. Based on an average daily trading volume, of 110,400 shares, the short-interest ratio is presently 0.3 days.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 0.7 %

Shares of NASDAQ GRID opened at $123.42 on Wednesday. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 12-month low of $85.10 and a 12-month high of $123.72. The stock’s fifty day simple moving average is $118.36 and its two-hundred day simple moving average is $116.75. The stock has a market capitalization of $1.61 billion, a PE ratio of 29.38 and a beta of 1.25.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.6379 per share. This represents a $2.55 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend was Thursday, June 27th.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

A number of large investors have recently added to or reduced their stakes in GRID. Arlington Financial Advisors LLC grew its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 207.4% in the 1st quarter. Arlington Financial Advisors LLC now owns 212,170 shares of the company’s stock worth $24,317,000 after buying an additional 143,145 shares during the last quarter. Bank Hapoalim BM acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the second quarter worth $12,309,000. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 31.8% during the 2nd quarter. LPL Financial LLC now owns 419,669 shares of the company’s stock valued at $48,505,000 after purchasing an additional 101,175 shares during the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 2,366.5% during the 2nd quarter. Aprio Wealth Management LLC now owns 54,017 shares of the company’s stock valued at $6,243,000 after purchasing an additional 51,827 shares during the last quarter. Finally, Concorde Asset Management LLC acquired a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 2nd quarter worth $5,503,000.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.