First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $103.81 and last traded at $104.95, with a volume of 99101 shares traded. The stock had previously closed at $111.26.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Up 9.7 %
The company has a market cap of $1.98 billion, a PE ratio of 21.21 and a beta of 1.25. The business's 50 day moving average price is $116.91 and its 200-day moving average price is $121.49.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.1394 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.56 annualized dividend and a yield of 0.50%.
Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
Several hedge funds have recently made changes to their positions in the company. Transform Wealth LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 4th quarter worth $1,018,000. Bourgeon Capital Management LLC boosted its holdings in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 7.1% in the fourth quarter. Bourgeon Capital Management LLC now owns 3,627 shares of the company's stock valued at $433,000 after acquiring an additional 239 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at $311,000. Cascade Investment Group Inc. bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the fourth quarter worth $224,000. Finally, Redhawk Wealth Advisors Inc. bought a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at approximately $1,088,000.
About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
(
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First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.
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