Global X CleanTech ETF (NASDAQ:CTEC) Trading Up 0.2% – What’s Next?

Global X CleanTech ETF (NASDAQ:CTECGet Free Report) shares rose 0.2% during mid-day trading on Friday . The company traded as high as $60.85 and last traded at $60.30. Approximately 3,264 shares traded hands during trading, a decline of 20% from the average daily volume of 4,087 shares. The stock had previously closed at $60.17.

Global X CleanTech ETF Stock Up 0.2%

The company’s 50-day moving average is $58.30 and its two-hundred day moving average is $53.78. The company has a market capitalization of $28.34 million, a P/E ratio of 15.62 and a beta of 1.48.

Global X CleanTech ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.2802 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 104.0%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BLVD Private Wealth LLC purchased a new stake in Global X CleanTech ETF during the second quarter valued at about $1,252,000. Raymond James Financial Inc. bought a new position in shares of Global X CleanTech ETF during the 2nd quarter valued at about $26,000. Jane Street Group LLC raised its holdings in shares of Global X CleanTech ETF by 39.9% during the 4th 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 in the last quarter. Finally, CIBC Private Wealth Group LLC bought a new stake in Global X CleanTech ETF in the 4th quarter worth approximately $26,000.

Global X CleanTech ETF Company Profile

(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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