First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Sees Unusually-High Trading Volume – What’s Next?

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw unusually-strong trading volume on Wednesday . Approximately 231,618 shares changed hands during mid-day trading, an increase of 111% from the previous session’s volume of 109,578 shares.The stock last traded at $34.98 and had previously closed at $34.21.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 2.5 %

The firm has a fifty day moving average price of $34.88 and a 200 day moving average price of $34.83. The firm has a market capitalization of $563.03 million, a price-to-earnings ratio of 16.71 and a beta of 1.49.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0399 dividend. The ex-dividend date was Friday, December 13th.

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. Cetera Investment Advisers increased its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.7% in the 2nd quarter. Cetera Investment Advisers now owns 129,596 shares of the company’s stock valued at $4,408,000 after acquiring an additional 5,851 shares in the last quarter. Park National Corp OH grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 3.7% during the third quarter. Park National Corp OH now owns 16,840 shares of the company’s stock valued at $605,000 after purchasing an additional 604 shares during the last quarter. CX Institutional grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.8% during the third quarter. CX Institutional now owns 181,105 shares of the company’s stock valued at $6,503,000 after purchasing an additional 9,941 shares during the last quarter. Leo Wealth LLC acquired a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter valued at approximately $201,000. Finally, PFG Investments LLC raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.4% in the 3rd quarter. PFG Investments LLC now owns 69,885 shares of the company’s stock worth $2,510,000 after purchasing an additional 4,810 shares during 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.