Global X Clean Tech ETF (NASDAQ:CTEC) Trading Down 0% – What’s Next?

Global X Clean Tech ETF (NASDAQ:CTEC)’s share price was down 0% during trading on Monday . The company traded as low as $6.48 and last traded at $6.50. Approximately 8,744 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 16,726 shares. The stock had previously closed at $6.50.

Global X Clean Tech ETF Trading Down 0.0 %

The stock has a fifty day simple moving average of $6.69 and a two-hundred day simple moving average of $7.15. The firm has a market cap of $29.96 million, a PE ratio of 14.29 and a beta of 1.41.

Global X Clean Tech ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.0804 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X Clean Tech ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its position in Global X Clean Tech ETF by 11.9% during the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock valued at $115,000 after buying an additional 1,466 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Global X Clean Tech ETF during the 3rd quarter valued at about $132,000. CreativeOne Wealth LLC raised its position in Global X Clean Tech ETF by 5.1% in the third quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock worth $475,000 after acquiring an additional 2,763 shares during the period. Jane Street Group LLC increased its position in Global X Clean Tech ETF by 55.8% in the fourth quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock worth $547,000 after buying an additional 28,867 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Global X Clean Tech ETF by 41.2% during the 4th quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock valued at $224,000 after buying an additional 9,623 shares in the last quarter.

Global X Clean Tech ETF Company Profile

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.