First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Trading 1.9% Higher – Time to Buy?

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares were up 1.9% during trading on Monday . The stock traded as high as $33.62 and last traded at $33.32. Approximately 98,912 shares traded hands during trading, a decline of 38% from the average daily volume of 160,409 shares. The stock had previously closed at $32.71.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 1.9 %

The company has a market cap of $608.09 million, a PE ratio of 16.71 and a beta of 1.49. The company has a fifty day simple moving average of $34.33 and a two-hundred day simple moving average of $35.09.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0781 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in QCLN. B. Riley Wealth Advisors Inc. raised its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 17.0% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 11,975 shares of the company’s stock valued at $415,000 after purchasing an additional 1,737 shares in the last quarter. Cetera Investment Advisers raised its stake in 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 in the last quarter. Cetera Advisors LLC lifted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 350.6% during the 1st quarter. Cetera Advisors LLC now owns 90,155 shares of the company’s stock worth $3,127,000 after buying an additional 70,149 shares during the last quarter. CX Institutional boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 43.3% during the 2nd quarter. CX Institutional now owns 171,164 shares of the company’s stock worth $5,821,000 after acquiring an additional 51,756 shares in the last quarter. Finally, All Season Financial Advisors Inc. purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the 2nd quarter valued at 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.