First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $33.61 and traded as low as $28.24. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $29.14, with a volume of 146,138 shares traded.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 0.2 %

The stock has a market cap of $450.21 million, a price-to-earnings ratio of 22.81 and a beta of 1.49. The firm has a fifty day simple moving average of $33.61 and a 200-day simple moving average of $34.25.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

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

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

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

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.