First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Reaches New 1-Year High – Here’s What Happened

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $52.09 and last traded at $50.0680, with a volume of 13878 shares trading hands. The stock had previously closed at $50.52.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Up 2.7%

The firm has a market cap of $600.83 million, a price-to-earnings ratio of 23.20 and a beta of 1.53. The company has a 50-day moving average price of $47.92 and a 200 day moving average price of $43.65.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0442 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, December 12th. This is a boost from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.03.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 1.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,016 shares of the company’s stock worth $580,000 after purchasing an additional 220 shares during the period. PFG Advisors lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.3% in the 2nd quarter. PFG Advisors now owns 7,643 shares of the company’s stock worth $250,000 after buying an additional 384 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 2.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,848 shares of the company’s stock valued at $682,000 after buying an additional 423 shares during the period. Global Retirement Partners LLC boosted its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 62.6% during the 3rd quarter. Global Retirement Partners LLC now owns 1,333 shares of the company’s stock valued at $56,000 after buying an additional 513 shares during the period. Finally, Comerica Bank grew its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 18.7% during the 1st quarter. Comerica Bank now owns 3,367 shares of the company’s stock valued at $96,000 after acquiring an additional 530 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. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.