First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Sees Large Volume Increase – What’s Next?

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw strong trading volume on Monday . Approximately 171,520 shares were traded during mid-day trading, an increase of 0% from the previous session’s volume of 170,990 shares.The stock last traded at $49.4290 and had previously closed at $50.46.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 1.3%

The stock’s fifty day moving average price is $54.30 and its 200 day moving average price is $54.14. The stock has a market cap of $599.04 million, a P/E ratio of 23.20 and a beta of 1.64.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Walkner Condon Financial Advisors LLC lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 1.2% during the first quarter. Walkner Condon Financial Advisors LLC now owns 20,299 shares of the company’s stock valued at $943,000 after purchasing an additional 241 shares during the period. PFG Investments LLC boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.8% in the 1st quarter. PFG Investments LLC now owns 10,625 shares of the company’s stock worth $494,000 after purchasing an additional 583 shares during the period. Factor Wealth Management LTD purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the first quarter valued at about $277,000. Evelyn Partners Investment Management Europe Ltd boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 2.3% during the 4th quarter. Evelyn Partners Investment Management Europe Ltd now owns 35,109 shares of the company’s stock valued at $1,566,000 after acquiring an additional 800 shares during the last quarter. Finally, Camden National Bank bought a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter valued at $258,000.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

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.