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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The business has a 50-day moving average of $34.93 and a 200 day moving average of $34.73. The stock has a market cap of $696.96 million, a PE ratio of 16.71 and a beta of 1.49.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

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

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

Several institutional investors and hedge funds have recently modified their holdings of QCLN. Harbor Investment Advisory LLC grew its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 64.2% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,151 shares of the company’s stock worth $40,000 after acquiring an additional 450 shares during the period. Able Wealth Management LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the fourth quarter valued at $46,000. Larson Financial Group LLC lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 566.5% during the second quarter. Larson Financial Group LLC now owns 1,553 shares of the company’s stock worth $53,000 after buying an additional 1,320 shares during the period. YHB Investment Advisors Inc. acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund in the 1st quarter worth about $71,000. Finally, FinTrust Capital Advisors LLC boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 72.6% in the 1st quarter. FinTrust Capital Advisors LLC now owns 2,589 shares of the company’s stock worth $90,000 after buying an additional 1,089 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.