Global X CleanTech ETF (NASDAQ:CTEC) Stock Price Down 0.4% – Should You Sell?

Global X CleanTech ETF (NASDAQ:CTEC) traded down 0.4% during trading on Thursday . The company traded as low as $6.68 and last traded at $6.76. 6,315 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 20,532 shares. The stock had previously closed at $6.78.

Global X CleanTech ETF Trading Down 0.4%

The firm has a market capitalization of $21.14 million, a PE ratio of 16.99 and a beta of 1.41. The business has a 50-day moving average of $6.40 and a 200 day moving average of $6.59.

Institutional Investors Weigh In On Global X CleanTech ETF

Large investors have recently made changes to their positions in the business. Jane Street Group LLC increased its position in shares of Global X CleanTech ETF by 55.8% during the 4th quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock valued at $547,000 after purchasing an additional 28,867 shares during the last quarter. LPL Financial LLC increased its position in shares of Global X CleanTech ETF by 41.2% during the 4th quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock valued at $224,000 after purchasing an additional 9,623 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its position in shares of Global X CleanTech ETF by 58.4% during the 1st quarter. Flow Traders U.S. LLC now owns 131,459 shares of the company’s stock valued at $787,000 after purchasing an additional 48,444 shares during the last quarter.

Global X CleanTech ETF Company Profile

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.