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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $32.14 and traded as low as $29.11. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $29.81, with a volume of 69,819 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The company has a market cap of $460.56 million, a price-to-earnings ratio of 21.65 and a beta of 1.49. The company’s fifty day moving average is $32.14 and its two-hundred day moving average is $33.77.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in QCLN. Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 4th quarter worth about $340,000. GTS Securities LLC grew its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 98.6% during the fourth quarter. GTS Securities LLC now owns 41,195 shares of the company’s stock worth $1,398,000 after acquiring an additional 20,455 shares during the period. D. E. Shaw & Co. Inc. grew its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 57.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 63,515 shares of the company’s stock worth $2,155,000 after acquiring an additional 23,093 shares during the period. Jane Street Group LLC raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 97.5% during the fourth quarter. Jane Street Group LLC now owns 42,696 shares of the company’s stock valued at $1,449,000 after acquiring an additional 21,079 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the fourth quarter valued at approximately $286,000.

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.