First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Sees Strong Trading Volume – Here’s Why

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) shares saw an uptick in trading volume on Monday . 282,835 shares changed hands during trading, an increase of 169% from the previous session’s volume of 104,963 shares.The stock last traded at $119.99 and had previously closed at $120.51.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Down 0.0 %

The company’s fifty day moving average price is $124.73 and its 200 day moving average price is $121.56. The company has a market capitalization of $1.86 billion, a P/E ratio of 29.38 and a beta of 1.25.

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

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.2731 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Large investors have recently modified their holdings of the stock. FSA Wealth Management LLC bought a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the third quarter worth about $25,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 2nd quarter worth approximately $32,000. Front Row Advisors LLC raised its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 750.0% during the second quarter. Front Row Advisors LLC now owns 340 shares of the company’s stock worth $39,000 after acquiring an additional 300 shares in the last quarter. Concourse Financial Group Securities Inc. bought a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the second quarter worth about $42,000. Finally, Values First Advisors Inc. acquired a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 3rd quarter valued at approximately $56,000.

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.