First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 cap of $1.93 billion, a PE ratio of 29.38 and a beta of 1.25. The business’s 50 day moving average price is $125.34 and its 200 day moving average price is $121.06.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2512 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date was Thursday, September 26th.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 18,926.4% during the third quarter. International Assets Investment Management LLC now owns 505,913 shares of the company’s stock worth $64,377,000 after acquiring an additional 503,254 shares during the last quarter. Flow Traders U.S. LLC boosted its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 513.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,378 shares of the company’s stock worth $23,844,000 after purchasing an additional 156,820 shares during the period. Bank Hapoalim BM purchased a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the second quarter valued at about $12,309,000. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 31.8% during the 2nd quarter. LPL Financial LLC now owns 419,669 shares of the company’s stock valued at $48,505,000 after buying an additional 101,175 shares during the period. Finally, Proficio Capital Partners LLC purchased a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 3rd quarter worth $10,457,000.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

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.