First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) Sets New 52-Week Low at $40.98

Shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $40.98 and last traded at $41.06, with a volume of 1617 shares changing hands. The stock had previously closed at $42.21.

Several institutional investors and hedge funds have recently bought and sold shares of GRID. First Allied Advisory Services Inc. raised its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 32.6% during the second quarter. First Allied Advisory Services Inc. now owns 6,961 shares of the company’s stock valued at $339,000 after purchasing an additional 1,712 shares during the period. Bank of America Corp DE raised its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 53.1% during the second quarter. Bank of America Corp DE now owns 35,264 shares of the company’s stock valued at $1,719,000 after purchasing an additional 12,230 shares during the period. Jane Street Group LLC raised its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 457.8% during the second quarter. Jane Street Group LLC now owns 33,723 shares of the company’s stock valued at $1,644,000 after purchasing an additional 27,677 shares during the period. US Bancorp DE grew its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 1,584.0% during the third quarter. US Bancorp DE now owns 8,302 shares of the company’s stock worth $395,000 after buying an additional 7,809 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the third quarter worth approximately $239,000.

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About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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