First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Short Interest Down 40.2% in February

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 32,600 shares, a decline of 40.2% from the January 31st total of 54,500 shares. Based on an average daily volume of 176,500 shares, the short-interest ratio is presently 0.2 days.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 0.1 %

Shares of NASDAQ:GRID traded up $0.14 on Friday, reaching $117.36. 176,132 shares of the company’s stock were exchanged, compared to its average volume of 185,591. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 29.38 and a beta of 1.25. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a twelve month low of $107.51 and a twelve month high of $129.02. The company has a fifty day moving average of $121.32 and a 200-day moving average of $122.79.

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

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.2731 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Proficio Capital Partners LLC boosted its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 8,655.1% in the fourth quarter. Proficio Capital Partners LLC now owns 7,194,291 shares of the company’s stock valued at $858,567,000 after buying an additional 7,112,118 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter worth approximately $32,213,000. Strategic Financial Concepts LLC bought a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the fourth quarter valued at $20,039,000. LPL Financial LLC boosted its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 30.5% during the 4th quarter. LPL Financial LLC now owns 673,232 shares of the company’s stock valued at $80,344,000 after purchasing an additional 157,331 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 513.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,378 shares of the company’s stock worth $23,844,000 after buying an additional 156,820 shares in the last quarter.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

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.