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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The stock’s 50-day simple moving average is $34.50 and its 200 day simple moving average is $34.37. The company has a market capitalization of $514.49 million, a PE ratio of 16.71 and a beta of 1.49.

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 given 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

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC increased its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 97.5% in the 4th quarter. Jane Street Group LLC now owns 42,696 shares of the company’s stock valued at $1,449,000 after purchasing an additional 21,079 shares during the last quarter. Two Sigma Securities LLC purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the 4th quarter valued at $286,000. Susquehanna International Group LLP grew its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 10.5% in the 4th quarter. Susquehanna International Group LLP now owns 50,575 shares of the company’s stock valued at $1,716,000 after buying an additional 4,795 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 227.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 37,679 shares of the company’s stock valued at $1,278,000 after buying an additional 26,183 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 0.7% in the 4th quarter. First Trust Advisors LP now owns 184,377 shares of the company’s stock valued at $6,253,000 after buying an additional 1,262 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.