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

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $34.54 and traded as low as $33.07. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $33.30, with a volume of 66,199 shares trading hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

The company has a market capitalization of $514.49 million, a PE ratio of 16.71 and a beta of 1.49. The company’s fifty day moving average is $34.50 and its 200-day moving average is $34.37.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0399 dividend. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in QCLN. Synergy Asset Management LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter valued at $25,000. Kestra Investment Management LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth about $28,000. Cherry Tree Wealth Management LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth about $33,000. US Bancorp DE boosted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 49.0% in the 4th quarter. US Bancorp DE now owns 1,085 shares of the company’s stock valued at $37,000 after purchasing an additional 357 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 980.8% in the 4th quarter. Allworth Financial LP now owns 1,405 shares of the company’s stock valued at $48,000 after purchasing an additional 1,275 shares during the last quarter.

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.