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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $35.00 and traded as low as $32.21. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $32.70, with a volume of 150,744 shares.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Down 1.9 %

The company has a market cap of $507.53 million, a price-to-earnings ratio of 16.71 and a beta of 1.49. The company's fifty day moving average price is $34.84 and its two-hundred day moving average price is $34.54.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.0399 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CX Institutional boosted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 53.6% in the 4th quarter. CX Institutional now owns 278,192 shares of the company's stock valued at $9,439,000 after buying an additional 97,087 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.7% during the second 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 during the period. Raymond James Financial Inc. bought a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the fourth quarter valued at about $2,921,000. PFG Investments LLC increased its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.4% in the third 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 period. Finally, Wealthfront Advisers LLC increased its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 51.5% in the fourth quarter. Wealthfront Advisers LLC now owns 50,289 shares of the company's stock worth $1,706,000 after purchasing an additional 17,091 shares during the period.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

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.