Global X CleanTech ETF (NASDAQ:CTEC) Shares Up 6.8% – Here’s Why

Global X CleanTech ETF (NASDAQ:CTECGet Free Report) shares were up 6.8% during mid-day trading on Thursday . The stock traded as high as $54.30 and last traded at $54.30. Approximately 1,370 shares changed hands during trading, a decline of 68% from the average session volume of 4,268 shares. The stock had previously closed at $50.82.

Global X CleanTech ETF Stock Up 6.8%

The company has a 50-day simple moving average of $64.17 and a two-hundred day simple moving average of $62.60. The stock has a market cap of $23.89 million, a P/E ratio of 15.62 and a beta of 1.52.

Global X CleanTech ETF Dividend Announcement

The company also recently announced 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 Investors Weigh In On Global X CleanTech ETF

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in Global X CleanTech ETF by 39.9% in the 4th quarter. Jane Street Group LLC now owns 8,730 shares of the company’s stock worth $464,000 after acquiring an additional 2,488 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Global X CleanTech ETF during the second quarter worth about $26,000. CIBC Private Wealth Group LLC bought a new stake in shares of Global X CleanTech ETF in the fourth quarter worth about $26,000. Finally, Western Wealth Management LLC bought a new stake in shares of Global X CleanTech ETF in the first quarter worth about $83,000.

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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