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) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 32,600 shares, a drop 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.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of GRID. Proficio Capital Partners LLC raised its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 8,655.1% in the 4th 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 during the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at $32,213,000. Strategic Financial Concepts LLC purchased a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at $20,039,000. LPL Financial LLC raised its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 30.5% in the 4th quarter. LPL Financial LLC now owns 673,232 shares of the company’s stock valued at $80,344,000 after buying an additional 157,331 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 513.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 187,378 shares of the company’s stock valued at $23,844,000 after buying an additional 156,820 shares during the last quarter.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Down 0.3 %

Shares of GRID traded down $0.39 during trading hours on Tuesday, reaching $114.76. The stock had a trading volume of 244,012 shares, compared to its average volume of 186,122. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 12 month low of $107.51 and a 12 month high of $129.02. The firm has a 50-day simple moving average of $121.21 and a 200 day simple moving average of $122.86. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 22.84 and a beta of 1.31.

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

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

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

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.