First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Trading 1% Higher – What’s Next?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) shares traded up 1% during trading on Tuesday . The stock traded as high as $124.35 and last traded at $124.19. 236,598 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 196,129 shares. The stock had previously closed at $122.92.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Performance

The business has a 50 day moving average price of $121.66 and a two-hundred day moving average price of $122.38. The company has a market cap of $2.22 billion, a P/E ratio of 29.38 and a beta of 1.25.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.2731 per share. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Large investors have recently made changes to their positions in the business. Raymond James & Associates boosted its holdings in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 18.2% in the third quarter. Raymond James & Associates now owns 119,612 shares of the company’s stock valued at $15,221,000 after acquiring an additional 18,444 shares in the last quarter. Traphagen Investment Advisors LLC lifted its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 10.1% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 320,360 shares of the company’s stock worth $40,766,000 after purchasing an additional 29,349 shares during the period. Eastern Bank bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 3rd quarter valued at about $85,000. Accordant Advisory Group Inc increased its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 1,284.7% during the third quarter. Accordant Advisory Group Inc now owns 37,678 shares of the company’s stock valued at $4,795,000 after buying an additional 34,957 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 2.9% during the third quarter. Private Advisor Group LLC now owns 108,809 shares of the company’s stock valued at $13,846,000 after buying an additional 3,019 shares during the period.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.