Free Trial

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Crosses Below 50 Day Moving Average - Should You Sell?

First Trust NASDAQ Clean Edge Green Energy Index Fund logo with background
Remove Ads

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN - Get Free Report) passed 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 changing hands.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Down 2.6 %

The stock has a market cap of $460.41 million, a P/E ratio of 21.65 and a beta of 1.49. The business's 50-day simple moving average is $31.99 and its two-hundred day simple moving average is $33.74.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 12.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 21,278 shares of the company's stock worth $722,000 after acquiring an additional 2,408 shares during the period. Allworth Financial LP boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 980.8% in the 4th quarter. Allworth Financial LP now owns 1,405 shares of the company's stock worth $48,000 after purchasing an additional 1,275 shares during the period. Cherry Tree Wealth Management LLC bought a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the 4th quarter worth about $33,000. Kestra Investment Management LLC purchased a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 4th quarter valued at about $28,000. Finally, Good Life Advisors LLC bought a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter valued at about $224,000.

Remove Ads

About First Trust NASDAQ Clean Edge Green Energy Index Fund

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in First Trust NASDAQ Clean Edge Green Energy Index Fund Right Now?

Before you consider First Trust NASDAQ Clean Edge Green Energy Index Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ Clean Edge Green Energy Index Fund wasn't on the list.

While First Trust NASDAQ Clean Edge Green Energy Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best Stocks to Own: Spring 2025 Cover

Discover the 10 best stocks to own in Spring 2025, carefully selected for their growth potential amid market volatility. This exclusive report highlights top companies poised to thrive in uncertain economic conditions—download now to gain an investing edge.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads