Global X CleanTech ETF (NASDAQ:CTEC) Shares Up 1.3% – Time to Buy?

Shares of Global X CleanTech ETF (NASDAQ:CTECGet Free Report) traded up 1.3% during trading on Friday . The company traded as high as $58.59 and last traded at $58.53. Approximately 1,589 shares were traded during mid-day trading, a decline of 59% from the average session volume of 3,899 shares. The stock had previously closed at $57.80.

Global X CleanTech ETF Price Performance

The firm has a market capitalization of $25.75 million, a PE ratio of 15.62 and a beta of 1.55. The stock’s 50-day moving average price is $57.43 and its 200 day moving average price is $62.01.

Global X CleanTech ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were paid a $0.0747 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CTEC. Integrated Wealth Concepts LLC purchased a new stake in shares of Global X CleanTech ETF in the 2nd quarter worth $170,000. Western Wealth Management LLC bought a new position in shares of Global X CleanTech ETF during the 1st quarter worth $83,000. Jane Street Group LLC increased its stake in shares of Global X CleanTech ETF by 39.9% during the fourth quarter. Jane Street Group LLC now owns 8,730 shares of the company’s stock valued at $464,000 after buying an additional 2,488 shares during the period. CIBC Private Wealth Group LLC purchased a new position in shares of Global X CleanTech ETF during the fourth quarter valued at $26,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Global X CleanTech ETF in the second quarter valued at about $26,000.

About Global X CleanTech ETF

(Get Free Report)

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.

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