First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $120.98 and traded as high as $126.15. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund shares last traded at $125.74, with a volume of 149,700 shares traded.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Price Performance
The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 29.38 and a beta of 1.25. The firm has a 50 day moving average price of $125.30 and a 200-day moving average price of $121.03.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.2512 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Thursday, September 26th.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 3rd quarter worth about $25,000. Ashton Thomas Private Wealth LLC acquired a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the second quarter worth approximately $32,000. Front Row Advisors LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 750.0% in the 2nd quarter. Front Row Advisors LLC now owns 340 shares of the company's stock valued at $39,000 after buying an additional 300 shares in the last quarter. Concourse Financial Group Securities Inc. acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 2nd quarter valued at $42,000. Finally, Values First Advisors Inc. purchased a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 3rd quarter valued at $56,000.
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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