Global X CleanTech ETF (NASDAQ:CTEC) Trading 1.3% Higher – Here’s What Happened

Global X CleanTech ETF (NASDAQ:CTECGet Free Report) shot up 1.3% during mid-day trading on Friday . The company traded as high as $58.59 and last traded at $58.53. Approximately 1,589 shares changed hands during trading, a decline of 59% from the average daily volume of 3,899 shares. The stock had previously closed at $57.80.

Global X CleanTech ETF Trading Up 1.3%

The stock’s 50-day moving average price is $57.43 and its two-hundred day moving average price is $62.01. The stock has a market capitalization of $25.75 million, a P/E ratio of 15.62 and a beta of 1.55.

Global X CleanTech ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were given a $0.0747 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC raised its holdings in Global X CleanTech ETF by 39.9% during the 4th quarter. Jane Street Group LLC now owns 8,730 shares of the company’s stock valued at $464,000 after acquiring an additional 2,488 shares during the period. CIBC Private Wealth Group LLC bought a new position in shares of Global X CleanTech ETF in the fourth quarter worth $26,000. Raymond James Financial Inc. purchased a new position in shares of Global X CleanTech ETF in the second quarter valued at $26,000. Integrated Wealth Concepts LLC purchased a new position in shares of Global X CleanTech ETF in the second quarter valued at $170,000. Finally, Western Wealth Management LLC bought a new stake in shares of Global X CleanTech ETF during the 1st quarter valued at $83,000.

About Global X CleanTech ETF

(Get Free Report)

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.

Further Reading

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