First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Shares Pass Above 50 Day Moving Average of $34.93

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $34.93 and traded as high as $35.62. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $35.20, with a volume of 79,586 shares trading hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The stock has a market cap of $696.96 million, a price-to-earnings ratio of 16.71 and a beta of 1.49. The business’s 50 day moving average is $34.93 and its 200 day moving average is $34.73.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.1772 dividend. This represents a $0.71 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend was Thursday, June 27th. This is a boost from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 78.3% during the 1st quarter. BNP Paribas Financial Markets now owns 203,434 shares of the company’s stock worth $7,055,000 after acquiring an additional 89,353 shares during the period. Wealthspire Advisors LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 3.6% during the first quarter. Wealthspire Advisors LLC now owns 182,904 shares of the company’s stock worth $6,343,000 after purchasing an additional 6,427 shares during the period. CX Institutional grew its position 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 purchasing an additional 51,756 shares in the last quarter. Cetera Investment Advisers grew its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.7% during the second quarter. Cetera Investment Advisers now owns 129,596 shares of the company’s stock valued at $4,408,000 after purchasing an additional 5,851 shares in the last quarter. Finally, Cetera Advisors LLC increased its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 350.6% in the 1st 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.

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.