First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

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 traded.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 0.7 %

The firm has a 50 day moving average price of $32.14 and a 200-day moving average price of $33.77. The firm has a market cap of $460.56 million, a price-to-earnings ratio of 21.65 and a beta of 1.49.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Synergy Asset Management LLC purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the 4th quarter worth approximately $25,000. Kestra Investment Management LLC purchased a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth $28,000. Cherry Tree Wealth Management LLC purchased a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth $33,000. US Bancorp DE raised its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 49.0% in the fourth quarter. US Bancorp DE now owns 1,085 shares of the company’s stock worth $37,000 after acquiring an additional 357 shares during the last quarter. Finally, Allworth Financial LP lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 980.8% in the fourth quarter. Allworth Financial LP now owns 1,405 shares of the company’s stock valued at $48,000 after acquiring an additional 1,275 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.