Global X Clean Tech ETF (NASDAQ:CTEC) Stock Price Up 1.6% – Time to Buy?

Global X Clean Tech ETF (NASDAQ:CTEC) shares rose 1.6% during trading on Wednesday . The company traded as high as $6.95 and last traded at $6.88. Approximately 11,989 shares were traded during trading, a decline of 59% from the average daily volume of 28,968 shares. The stock had previously closed at $6.77.

Global X Clean Tech ETF Stock Up 1.6 %

The firm has a market cap of $31.72 million, a price-to-earnings ratio of 7.95 and a beta of 1.41. The business has a 50 day moving average of $6.91 and a 200 day moving average of $7.34.

Global X Clean Tech ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a dividend of $0.0804 per share. The ex-dividend date was Monday, December 30th.

Institutional Trading of Global X Clean Tech ETF

A number of large investors have recently made changes to their positions in CTEC. Jane Street Group LLC boosted its stake in shares of Global X Clean Tech ETF by 55.8% during the fourth quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock valued at $547,000 after acquiring an additional 28,867 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Global X Clean Tech ETF during the third quarter valued at $132,000. LPL Financial LLC lifted its position in Global X Clean Tech ETF by 41.2% during the fourth quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock worth $224,000 after buying an additional 9,623 shares during the period. CreativeOne Wealth LLC lifted its position in Global X Clean Tech ETF by 5.1% during the third quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock worth $475,000 after buying an additional 2,763 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in Global X Clean Tech ETF by 11.9% during the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock worth $115,000 after buying an additional 1,466 shares during the period.

About Global X Clean Tech ETF

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.