First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.06 and traded as low as $34.97. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $35.57, with a volume of 149,323 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

The stock has a market capitalization of $649.15 million, a P/E ratio of 16.71 and a beta of 1.49. The stock’s fifty day moving average is $34.32 and its two-hundred day moving average is $35.06.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0781 dividend. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several hedge funds have recently modified their holdings of QCLN. Pine Valley Investments Ltd Liability Co acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter worth about $417,000. Jane Street Group LLC acquired a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the third quarter valued at approximately $776,000. Benjamin Edwards Inc. purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the 3rd quarter valued at approximately $221,000. Flow Traders U.S. LLC boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 308.9% in the 3rd quarter. Flow Traders U.S. LLC now owns 27,700 shares of the company’s stock worth $995,000 after purchasing an additional 20,926 shares during the period. Finally, Nwam LLC purchased a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter worth approximately $496,000.

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.