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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $35.04 and traded as low as $34.27. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $34.30, with a volume of 66,770 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The company has a 50-day simple moving average of $35.04 and a two-hundred day simple moving average of $34.81. The firm has a market capitalization of $533.37 million, a P/E 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 declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0399 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

A number of institutional investors have recently added to or reduced their stakes in QCLN. Moors & Cabot Inc. boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.5% during the 3rd quarter. Moors & Cabot Inc. now owns 8,093 shares of the company’s stock valued at $291,000 after buying an additional 348 shares in the last quarter. Park National Corp OH lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 3.7% during the 3rd quarter. Park National Corp OH now owns 16,840 shares of the company’s stock valued at $605,000 after acquiring an additional 604 shares during the period. Synergy Asset Management LLC bought a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth about $25,000. Hunter Associates Investment Management LLC grew its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 6.5% in the third quarter. Hunter Associates Investment Management LLC now owns 17,113 shares of the company’s stock worth $617,000 after purchasing an additional 1,040 shares during the period. Finally, PFG Investments LLC increased its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.4% during the third quarter. PFG Investments LLC now owns 69,885 shares of the company’s stock valued at $2,510,000 after purchasing an additional 4,810 shares in the last quarter.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

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.