First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Passes Above 50 Day Moving Average of $34.93

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $34.93 and traded as high as $35.62. First Trust NASDAQ Clean Edge Green Energy Index Fund shares last traded at $35.20, with a volume of 79,586 shares traded.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

The firm has a market capitalization of $692.41 million, a price-to-earnings ratio of 16.71 and a beta of 1.49. The firm's 50 day simple moving average is $34.89 and its 200 day simple moving average is $34.73.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.1772 per share. This represents a $0.71 annualized dividend and a dividend yield of 2.03%. This is a positive change from First Trust NASDAQ Clean Edge Green Energy Index Fund's previous quarterly dividend of $0.08. The ex-dividend date was Thursday, June 27th.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several hedge funds have recently modified their holdings of QCLN. Cetera Investment Advisers increased its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.7% during the 2nd quarter. Cetera Investment Advisers now owns 129,596 shares of the company's stock worth $4,408,000 after buying an additional 5,851 shares in the last quarter. Bigelow Investment Advisors LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the second quarter valued at about $359,000. HBK Sorce Advisory LLC boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.3% during the 2nd quarter. HBK Sorce Advisory LLC now owns 7,607 shares of the company's stock worth $259,000 after purchasing an additional 383 shares during the period. Liberty Wealth Management LLC grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.6% in the second quarter. Liberty Wealth Management LLC now owns 7,941 shares of the company's stock valued at $269,000 after buying an additional 559 shares in the last quarter. Finally, PFG Investments LLC lifted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.5% during the second quarter. PFG Investments LLC now owns 65,075 shares of the company's stock worth $2,213,000 after purchasing an additional 3,409 shares in 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.