First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Shares Down 0.6% - Here's Why

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN - Get Free Report) dropped 0.6% on Wednesday . The company traded as low as $32.09 and last traded at $32.36. Approximately 101,884 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 108,035 shares. The stock had previously closed at $32.54.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

The stock has a 50 day moving average price of $30.12 and a two-hundred day moving average price of $31.40. The firm has a market capitalization of $427.15 million, a price-to-earnings ratio of 21.71 and a beta of 1.49.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

A number of institutional investors have recently modified their holdings of the company. Focus Partners Wealth acquired a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the first quarter valued at $230,000. Jane Street Group LLC grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.8% in the first quarter. Jane Street Group LLC now owns 44,725 shares of the company's stock valued at $1,280,000 after buying an additional 2,029 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,063 shares of the company's stock valued at $1,261,000 after buying an additional 9,175 shares in the last quarter. Comerica Bank grew its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 18.7% in the first quarter. Comerica Bank now owns 3,367 shares of the company's stock valued at $96,000 after buying an additional 530 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 28.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 20,425 shares of the company's stock valued at $585,000 after purchasing an additional 4,507 shares during the period.

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.

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